FORWARD - SHIPPING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FORWARD - SHIPPING A/S
FORWARD - SHIPPING A/S (CVR number: 31366445) is a company from KØBENHAVN. The company recorded a gross profit of -67 kDKK in 2023. The operating profit was -67 kDKK, while net earnings were 10.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 95.1 %, which can be considered excellent and Return on Equity (ROE) was 120.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FORWARD - SHIPPING A/S's liquidity measured by quick ratio was 41.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -25.00 | -25.00 | -67.00 | -73.00 | -67.00 |
EBIT | -25.00 | -25.00 | -67.00 | -73.00 | -67.00 |
Net earnings | 599.00 | 853.00 | 1 376.00 | 772.00 | 10 699.00 |
Shareholders equity total | 2 536.00 | 3 389.00 | 4 765.00 | 5 537.00 | 12 236.00 |
Balance sheet total (assets) | 10 339.00 | 10 905.00 | 12 597.00 | 10 891.00 | 12 291.00 |
Net debt | 7 516.00 | 7 416.00 | 6 142.00 | 5 182.00 | -2 260.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.7 % | 8.9 % | 13.4 % | 9.6 % | 95.1 % |
ROE | 26.8 % | 28.8 % | 33.8 % | 15.0 % | 120.4 % |
ROI | 6.7 % | 8.9 % | 13.4 % | 7.5 % | 95.5 % |
Economic value added (EVA) | 385.44 | 369.63 | 324.39 | 324.91 | 218.05 |
Solvency | |||||
Equity ratio | 24.5 % | 31.1 % | 37.8 % | 50.8 % | 99.6 % |
Gearing | 306.7 % | 221.0 % | 163.8 % | 96.1 % | 0.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.0 | 0.2 | 0.0 | 41.9 |
Current ratio | 0.0 | 0.0 | 0.2 | 0.0 | 41.9 |
Cash and cash equivalents | 262.00 | 75.00 | 1 664.00 | 137.00 | 2 263.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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