Credit rating
Company information
About Northlander Shipping ApS
Northlander Shipping ApS (CVR number: 38278681) is a company from GENTOFTE. The company recorded a gross profit of 4322.7 kDKK in 2023. The operating profit was 3596.1 kDKK, while net earnings were 3941.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 74.9 %, which can be considered excellent and Return on Equity (ROE) was 62.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 96.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Northlander Shipping ApS's liquidity measured by quick ratio was 27.1 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 | 1 139.86 | 659.65 | -13.61 | 690.81 | 4 322.73 |
EBIT | 1 139.86 | 659.65 | -13.61 | 470.30 | 3 596.06 |
Net earnings | 1 400.89 | 869.44 | 194.34 | 1 602.42 | 3 941.55 |
Shareholders equity total | 2 090.30 | 2 849.14 | 2 930.48 | 4 418.50 | 8 260.05 |
Balance sheet total (assets) | 2 339.36 | 2 855.56 | 2 942.67 | 4 746.39 | 8 562.51 |
Net debt | -2 082.18 | -2 443.98 | -2 562.95 | -4 261.38 | -8 016.34 |
Profitability | |||||
EBIT-% | |||||
ROA | 104.7 % | 45.2 % | 8.6 % | 49.5 % | 74.9 % |
ROE | 97.0 % | 35.2 % | 6.7 % | 43.6 % | 62.2 % |
ROI | 113.9 % | 47.6 % | 8.6 % | 51.7 % | 78.2 % |
Economic value added (EVA) | 898.28 | 522.92 | -12.08 | 366.13 | 2 814.71 |
Solvency | |||||
Equity ratio | 89.4 % | 99.8 % | 99.6 % | 93.1 % | 96.5 % |
Gearing | 0.0 % | 0.0 % | 0.4 % | 0.6 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 8.4 | 385.7 | 210.5 | 13.3 | 27.1 |
Current ratio | 8.4 | 385.7 | 210.5 | 13.3 | 27.1 |
Cash and cash equivalents | 2 082.30 | 2 443.98 | 2 562.96 | 4 277.61 | 8 068.61 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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