More Ships ApS — Credit Rating and Financial Key Figures

More Ships ApS (CVR number: 40665609) is a company from KØBENHAVN. The company recorded a gross profit of -245 kDKK in 2023. The operating profit was -245 kDKK, while net earnings were -2192.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 52.8 %, which can be considered excellent but Return on Equity (ROE) was -2.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. More Ships ApS's liquidity measured by quick ratio was 284.6 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.