COSCO SHIPPING Lines Nordic A/S — Credit Rating and Financial Key Figures

COSCO SHIPPING Lines Nordic A/S (CVR number: 10702577K) is a company from RUDERSDAL. The company reported a net sales of 101.9 mDKK in 2021, demonstrating a growth of 10.9 % compared to the previous year. The operating profit percentage was at 4 % (EBIT: 4.1 mDKK), while net earnings were 3472.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.3 %, which can be considered good but Return on Equity (ROE) was 15.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. COSCO SHIPPING Lines Nordic A/S's liquidity measured by quick ratio was 2.1 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.