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

CVR number: 31366445
Snorresgade 18-20, 2300 København S
Free credit report Annual report

Company information

Official name
FORWARD - SHIPPING A/S
Established
2008
Company form
Limited company
Industry

About FORWARD - SHIPPING A/S

FORWARD - SHIPPING A/S (CVR number: 31366445) is a company from KØBENHAVN. The company recorded a gross profit of -71 kDKK in 2024. The operating profit was -71 kDKK, while net earnings were 7348 kDKK. The profitability of the company measured by Return on Assets (ROA) was 50.8 %, which can be considered excellent and Return on Equity (ROE) was 51 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.7 %, 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 165.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-25.00-67.00-73.00-67.00-71.00
EBIT-25.00-67.00-73.00-67.00-71.00
Net earnings853.001 376.00772.0010 699.007 348.00
Shareholders equity total3 389.004 765.005 537.0012 236.0016 584.00
Balance sheet total (assets)10 905.0012 597.0010 891.0012 291.0016 628.00
Net debt7 416.006 142.005 182.00-2 260.00-7 266.00
Profitability
EBIT-%
ROA8.9 %13.4 %9.6 %95.1 %50.8 %
ROE28.8 %33.8 %15.0 %120.4 %51.0 %
ROI8.9 %13.4 %7.5 %95.5 %51.0 %
Economic value added (EVA)- 537.79- 599.05- 694.21- 593.08- 668.26
Solvency
Equity ratio31.1 %37.8 %50.8 %99.6 %99.7 %
Gearing221.0 %163.8 %96.1 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.20.041.9165.6
Current ratio0.00.20.041.9165.6
Cash and cash equivalents75.001 664.00137.002 263.007 266.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBA

Variable visualization

ROA:50.8%
Rating: 95/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

CreditReports API
  • Company information
  • Financial data
  • Credit risk data
  • All 400,000+ Danish companies

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.