RN SHIPPING A/S — Credit Rating and Financial Key Figures

CVR number: 19685543
Amager Strandvej 403, 2770 Kastrup
Free credit report Annual report

Company information

Official name
RN SHIPPING A/S
Established
1996
Company form
Limited company
Industry

About RN SHIPPING A/S

RN SHIPPING A/S (CVR number: 19685543) is a company from TÅRNBY. The company recorded a gross profit of 117 mDKK in 2024. The operating profit was 53.7 mDKK, while net earnings were 7505.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent and Return on Equity (ROE) was 4.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 12 %, 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. RN SHIPPING A/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit81 289.00105 756.00119 436.00114 360.89117 001.90
EBIT-4 137.0030 030.0049 120.0044 454.8253 710.16
Net earnings-21 578.0012 170.0021 631.00-3 349.317 505.88
Shareholders equity total140 283.00152 953.00186 459.00173 839.12178 742.81
Balance sheet total (assets)1 286 344.001 328 596.001 221 252.001 521 371.781 492 629.80
Net debt890 152.311 059 534.58
Profitability
EBIT-%
ROA-0.4 %2.3 %3.9 %3.5 %4.2 %
ROE-14.4 %8.3 %12.7 %-1.9 %4.3 %
ROI-0.4 %2.3 %3.9 %3.5 %4.3 %
Economic value added (EVA)-12 170.0222 980.7841 434.1125 305.25-37 691.65
Solvency
Equity ratio100.0 %100.0 %100.0 %11.4 %12.0 %
Gearing648.6 %604.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.1
Current ratio0.30.1
Cash and cash equivalents237 282.7721 289.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:4.20%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.0%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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