NORTH ATLANTIC SHIPPING ApS — Credit Rating and Financial Key Figures

NORTH ATLANTIC SHIPPING ApS (CVR number: 29976465) is a company from HJØRRING. The company recorded a gross profit of 3582.5 kDKK in 2025. The operating profit was 427 kDKK, while net earnings were 270.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.2 %, which can be considered good but Return on Equity (ROE) was 35.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 13.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. NORTH ATLANTIC SHIPPING ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.