FORWARD - SHIPPING A/S — Credit Rating and Financial Key Figures

CVR number: 31366445
Snorresgade 18-20, 2300 København S

Credit rating

Company information

Official name
FORWARD - SHIPPING A/S
Established
2008
Company form
Limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
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 earnings599.00853.001 376.00772.0010 699.00
Shareholders equity total2 536.003 389.004 765.005 537.0012 236.00
Balance sheet total (assets)10 339.0010 905.0012 597.0010 891.0012 291.00
Net debt7 516.007 416.006 142.005 182.00-2 260.00
Profitability
EBIT-%
ROA6.7 %8.9 %13.4 %9.6 %95.1 %
ROE26.8 %28.8 %33.8 %15.0 %120.4 %
ROI6.7 %8.9 %13.4 %7.5 %95.5 %
Economic value added (EVA)385.44369.63324.39324.91218.05
Solvency
Equity ratio24.5 %31.1 %37.8 %50.8 %99.6 %
Gearing306.7 %221.0 %163.8 %96.1 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.20.041.9
Current ratio0.00.00.20.041.9
Cash and cash equivalents262.0075.001 664.00137.002 263.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:95.1%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.6%
Rating: 93/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

Companies in the same industry

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