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

CVR number: 12522673
Hammerensgade 6, 1267 København K
tel: 33376220

Company information

Official name
EURO SHIPPING A/S
Personnel
2 persons
Established
1988
Company form
Limited company
Industry

About EURO SHIPPING A/S

EURO SHIPPING A/S (CVR number: 12522673) is a company from KØBENHAVN. The company recorded a gross profit of 7511.7 kDKK in 2023. The operating profit was 4575.4 kDKK, while net earnings were 3591 kDKK. The profitability of the company measured by Return on Assets (ROA) was 75.6 %, which can be considered excellent and Return on Equity (ROE) was 97.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. EURO SHIPPING A/S's liquidity measured by quick ratio was 2 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 353.314 345.404 227.826 114.787 511.71
EBIT1 615.682 615.812 324.633 855.674 575.40
Net earnings1 440.37394.182 256.942 740.343 591.05
Shareholders equity total9 474.258 518.442 775.373 265.714 106.76
Balance sheet total (assets)20 870.8311 878.633 739.174 716.017 920.24
Net debt-6 809.66-7 536.87-1 528.05-3 019.00-4 722.41
Profitability
EBIT-%
ROA11.8 %16.2 %37.5 %93.2 %75.6 %
ROE14.7 %4.4 %40.0 %90.7 %97.4 %
ROI12.3 %16.8 %41.3 %122.6 %98.7 %
Economic value added (EVA)1 545.702 397.081 896.192 894.173 518.07
Solvency
Equity ratio45.4 %71.7 %74.2 %69.2 %51.9 %
Gearing110.6 %32.7 %10.9 %46.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.63.63.73.22.0
Current ratio1.63.63.73.22.0
Cash and cash equivalents17 287.7710 319.751 528.053 373.356 636.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:75.6%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.9%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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