NORTH ATLANTIC SHIPPING ApS

NORTH ATLANTIC SHIPPING ApS (CVR number: 29976465) is a company from HJØRRING. The company recorded a gross profit of 3853.2 kDKK in 2023. The operating profit was 922.6 kDKK, while net earnings were 700.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 39.4 %, which can be considered excellent and Return on Equity (ROE) was 82.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. NORTH ATLANTIC SHIPPING ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.