SHIPCO TRANSPORT DENMARK A/S — Credit Rating and Financial Key Figures

CVR number: 27073557
Snorresgade 18-20, 2300 København S
tel: 39150550

Credit rating

Company information

Official name
SHIPCO TRANSPORT DENMARK A/S
Personnel
8 persons
Established
2003
Company form
Limited company
Industry

About SHIPCO TRANSPORT DENMARK A/S

SHIPCO TRANSPORT DENMARK A/S (CVR number: 27073557) is a company from KØBENHAVN. The company reported a net sales of 50.1 mDKK in 2024, demonstrating a growth of 50.8 % compared to the previous year. The operating profit percentage was at 0.6 % (EBIT: 0.3 mDKK), while net earnings were 8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak but Return on Equity (ROE) was 10.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 0.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. SHIPCO TRANSPORT DENMARK A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales43.1878.9062.0233.2050.08
Gross profit5.7212.697.412.765.62
EBIT1.187.551.71-2.500.30
Net earnings0.945.841.12-1.940.01
Shareholders equity total1.956.801.910.070.08
Balance sheet total (assets)16.2523.0915.6213.3314.20
Net debt3.93-0.632.852.841.68
Profitability
EBIT-%2.7 %9.6 %2.8 %-7.5 %0.6 %
ROA10.5 %39.9 %9.7 %-15.8 %3.3 %
ROE57.3 %133.6 %25.6 %-196.0 %10.8 %
ROI18.8 %71.2 %17.5 %-25.1 %5.9 %
Economic value added (EVA)0.705.380.72-2.48-0.24
Solvency
Equity ratio12.0 %29.4 %12.3 %0.5 %0.5 %
Gearing412.0 %77.6 %387.9 %12607.1 %8243.6 %
Relative net indebtedness %23.6 %13.2 %14.7 %21.9 %18.7 %
Liquidity
Quick ratio1.11.41.11.01.0
Current ratio1.11.41.11.01.0
Cash and cash equivalents4.115.914.585.984.75
Capital use efficiency
Trade debtors turnover (days)49.146.327.844.440.8
Net working capital %4.3 %8.5 %2.9 %-1.8 %-1.2 %
Credit risk
Credit ratingBBBABBBBBBBB

Variable visualization

ROA:3.28%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:0.55%
Rating: 1/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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