Genco Shipping A/S — Credit Rating and Financial Key Figures

Genco Shipping A/S (CVR number: 39446502) is a company from KØBENHAVN. The company recorded a gross profit of 2098 kUSD in 2024. The operating profit was 153 kUSD, while net earnings were 19 kUSD. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent but Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 80.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Genco Shipping A/S's liquidity measured by quick ratio was 5.1 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.