Norse Maritime A/S — Credit Rating and Financial Key Figures

Norse Maritime A/S (CVR number: 42191930) is a company from KØBENHAVN. The company reported a net sales of 190 mUSD in 2023, demonstrating a growth of 3.6 % compared to the previous year. The operating profit percentage was at 6.9 % (EBIT: 13.1 mUSD), while net earnings were 14.6 mUSD. The profitability of the company measured by Return on Assets (ROA) was 29.3 %, which can be considered excellent and Return on Equity (ROE) was 39.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 81.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Norse Maritime A/S's liquidity measured by quick ratio was 4.9 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.