LOGIC SHIPPING & TRADING ApS — Credit Rating and Financial Key Figures

LOGIC SHIPPING & TRADING ApS (CVR number: 35828826) is a company from AALBORG. The company recorded a gross profit of 3847 kDKK in 2023. The operating profit was 1925.7 kDKK, while net earnings were 1530.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.4 %, which can be considered good but Return on Equity (ROE) was 16.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68 %, 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. LOGIC SHIPPING & TRADING ApS's liquidity measured by quick ratio was 1.6 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.