FREDERICIA SHIPPING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FREDERICIA SHIPPING A/S
FREDERICIA SHIPPING A/S (CVR number: 12376936) is a company from FREDERICIA. The company recorded a gross profit of 132.3 mDKK in 2024. The operating profit was 18.6 mDKK, while net earnings were 17.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good and Return on Equity (ROE) was 9.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 64.8 %, 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. FREDERICIA SHIPPING A/S'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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 81 971.00 | 101 387.00 | 117 246.00 | 113 283.72 | 132 321.17 |
EBIT | 14 859.00 | 18 371.00 | 19 812.00 | 16 409.47 | 18 551.22 |
Net earnings | 13 818.00 | 17 632.00 | 19 169.00 | 18 954.90 | 17 868.11 |
Shareholders equity total | 124 075.00 | 142 086.00 | 162 240.00 | 181 027.96 | 188 825.23 |
Balance sheet total (assets) | 191 842.00 | 209 529.00 | 249 424.00 | 266 860.67 | 291 193.23 |
Net debt | 7 323.09 | 3 713.79 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 8.3 % | 9.2 % | 8.6 % | 10.2 % | 9.2 % |
ROE | 11.8 % | 13.2 % | 12.6 % | 11.0 % | 9.7 % |
ROI | 8.3 % | 9.2 % | 8.6 % | 11.4 % | 11.6 % |
Economic value added (EVA) | 9 323.51 | 12 136.23 | 12 672.18 | 3 465.34 | 6 669.18 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 67.8 % | 64.8 % |
Gearing | 8.5 % | 7.5 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 1.6 | |||
Current ratio | 1.5 | 1.6 | |||
Cash and cash equivalents | 8 084.27 | 10 535.54 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | AA |
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