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

COSCO SHIPPING Lines Nordic A/S (CVR number: 10702577) is a company from RUDERSDAL. The company reported a net sales of 62.8 mDKK in 2024, demonstrating a growth of 0.3 % compared to the previous year. The operating profit percentage was at 4.1 % (EBIT: 2.6 mDKK), while net earnings were 538.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good and Return on Equity (ROE) was 13.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 17.8 %, 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. COSCO SHIPPING Lines Nordic A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.