SAGA SHIPPING A/S

SAGA SHIPPING A/S (CVR number: 43109715) is a company from FREDERIKSHAVN. The company recorded a gross profit of 48 mDKK in 2023. The operating profit was 27.1 mDKK, while net earnings were 34.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 41.6 %, which can be considered excellent and Return on Equity (ROE) was 60.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 84.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SAGA SHIPPING A/S's liquidity measured by quick ratio was 2.5 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.