Nicopia Shipping ApS — Credit Rating and Financial Key Figures

Nicopia Shipping ApS (CVR number: 37890804) is a company from GULDBORGSUND. The company recorded a gross profit of 2240.5 kDKK in 2017. The operating profit was -316.8 kDKK, while net earnings were -333 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.6 %, which can be considered poor and Return on Equity (ROE) was -13.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -30.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Nicopia Shipping ApS's liquidity measured by quick ratio was 2.6 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.