Copenhagen Shipping Company P/S — Credit Rating and Financial Key Figures

Copenhagen Shipping Company P/S (CVR number: 42538884) is a company from GENTOFTE. The company recorded a gross profit of 18.8 mDKK in 2023. The operating profit was 2316.1 kDKK, while net earnings were 1000 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.5 %, which can be considered excellent and Return on Equity (ROE) was 24.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 17.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Copenhagen Shipping Company P/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.