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Norse Maritime A/S
Credit rating
Company information
About the company
Norse Maritime A/S (CVR number: 42191930) is a company from KØBENHAVN. The company reported a net sales of 183.5 mUSD in 2022, demonstrating a growth of 215.3 % compared to the previous year. The operating profit percentage was at 12.6 % (EBIT: 23.2 mUSD), while net earnings were 23.7 mUSD. The profitability of the company measured by Return on Assets (ROA) was 79.3 %, which can be considered excellent and Return on Equity (ROE) was 131.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.6 %, 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. Norse Maritime A/S's liquidity measured by quick ratio was 4.4 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 (kUSD)
EBIT (kUSD)
Profitability
Solidity
Key figures (kUSD)
See financials2020 | 2021 | 2022 | |
---|---|---|---|
Volume | |||
Net sales | 58 204.00 | 183 507.00 | |
Gross profit | 58 204.00 | 183 507.00 | |
EBIT | 1 644.00 | 23 176.00 | |
Net earnings | 1 653.00 | 23 695.00 | |
Shareholders equity total | 4 499.00 | 6 152.00 | 29 847.00 |
Balance sheet total (assets) | 13 078.00 | 47 937.00 | |
Net debt | -9 250.00 | -35 466.00 | |
Profitability | |||
EBIT-% | 2.8 % | 12.6 % | |
ROA | 13.2 % | 79.3 % | |
ROE | 15.5 % | 131.6 % | |
ROI | 24.9 % | 126.2 % | |
Economic value added (EVA) | 1 379.08 | 23 472.27 | |
Solvency | |||
Equity ratio | 100.0 % | 51.7 % | 74.6 % |
Gearing | 12.7 % | 5.3 % | |
Relative net indebtedness % | -5.3 % | -10.3 % | |
Liquidity | |||
Quick ratio | 2.0 | 4.4 | |
Current ratio | 1.9 | 2.6 | |
Cash and cash equivalents | 10 033.00 | 37 039.00 | |
Capital use efficiency | |||
Trade debtors turnover (days) | 8.7 | 14.2 | |
Net working capital % | 10.6 % | 16.3 % | |
Credit risk | |||
Credit rating | BB | BB |
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