A/S UNITED SHIPPING & TRADING COMPANY — Credit Rating and Financial Key Figures

A/S UNITED SHIPPING & TRADING COMPANY (CVR number: 76950016) is a company from MIDDELFART. The company recorded a gross profit of 1113 kDKK in 2018. The operating profit was 1113 kDKK, while net earnings were 227.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good and Return on Equity (ROE) was 9.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 92.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. A/S UNITED SHIPPING & TRADING COMPANY's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.