March Shipping ApS — Credit Rating and Financial Key Figures

March Shipping ApS (CVR number: 37893331) is a company from KØBENHAVN. The company recorded a gross profit of 3642.7 kDKK in 2023. The operating profit was 3422.7 kDKK, while net earnings were 2452.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.9 %, which can be considered excellent and Return on Equity (ROE) was 74.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. March Shipping ApS's liquidity measured by quick ratio was 9.2 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.