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COSCO SHIPPING Lines Nordic A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About COSCO SHIPPING Lines Nordic A/S
COSCO SHIPPING Lines Nordic A/S (CVR number: 10702577) is a company from RUDERSDAL. The company reported a net sales of 63.9 mDKK in 2025, demonstrating a growth of 1.8 % compared to the previous year. The operating profit percentage was at 3.3 % (EBIT: 2.1 mDKK), while net earnings were 1128.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.6 %, which can be considered good but Return on Equity (ROE) was 21.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. COSCO SHIPPING Lines Nordic A/S's liquidity measured by quick ratio was 1.5 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.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 32.68 | 34.64 | 62.65 | 62.83 | 63.94 |
| Gross profit | 10.40 | 9.72 | 33.63 | 30.75 | 32.85 |
| EBIT | 1.74 | 0.58 | 1.34 | 2.59 | 2.12 |
| Net earnings | 12.82 | 1.88 | 0.26 | 0.54 | 1.13 |
| Shareholders equity total | 17.16 | 7.57 | 3.37 | 4.74 | 5.91 |
| Balance sheet total (assets) | 24.03 | 24.04 | 15.31 | 26.90 | 16.74 |
| Net debt | -8.42 | -5.73 | -6.41 | 2.67 | -9.28 |
| Profitability | |||||
| EBIT-% | 5.3 % | 1.7 % | 2.1 % | 4.1 % | 3.3 % |
| ROA | 75.1 % | 8.5 % | 6.8 % | 15.6 % | 11.6 % |
| ROE | 89.2 % | 15.2 % | 4.8 % | 13.3 % | 21.2 % |
| ROI | 93.9 % | 16.4 % | 20.4 % | 26.7 % | 17.4 % |
| Economic value added (EVA) | 0.76 | -0.41 | 0.56 | 1.36 | 0.59 |
| Solvency | |||||
| Equity ratio | 71.4 % | 31.5 % | 22.0 % | 17.8 % | 35.7 % |
| Gearing | 3.7 % | 307.2 % | 66.5 % | ||
| Relative net indebtedness % | -4.7 % | 30.2 % | 8.8 % | 16.3 % | -3.7 % |
| Liquidity | |||||
| Quick ratio | 2.5 | 1.1 | 1.5 | 1.2 | 1.5 |
| Current ratio | 2.5 | 1.1 | 1.5 | 1.2 | 1.5 |
| Cash and cash equivalents | 8.42 | 6.01 | 6.41 | 11.90 | 13.20 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 14.3 | 4.6 | 11.0 | 3.8 | 0.8 |
| Net working capital % | 32.3 % | 2.8 % | 7.3 % | 6.4 % | 7.9 % |
| Credit risk | |||||
| Credit rating | A | BBB | BBB | BBB | A |
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