FORTUNA CHARTERING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FORTUNA CHARTERING A/S
FORTUNA CHARTERING A/S (CVR number: 31896630) is a company from GENTOFTE. The company reported a net sales of 0.6 mDKK in 2024, demonstrating a growth of 5.9 % compared to the previous year. The operating profit percentage was at 30.4 % (EBIT: 0.2 mDKK), while net earnings were 137.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.4 %, which can be considered excellent but Return on Equity (ROE) was 15 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 91.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FORTUNA CHARTERING A/S's liquidity measured by quick ratio was 9.2 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.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 522.00 | 513.00 | 574.00 | 581.00 | 615.09 |
Gross profit | 522.00 | 513.00 | 574.00 | 581.00 | 615.09 |
EBIT | 123.00 | 54.00 | 476.00 | 386.00 | 186.77 |
Net earnings | 74.00 | 25.00 | 372.00 | 278.00 | 137.73 |
Shareholders equity total | 626.00 | 651.00 | 1 023.00 | 851.00 | 988.19 |
Balance sheet total (assets) | 711.00 | 751.00 | 1 151.00 | 1 034.00 | 1 083.50 |
Net debt | - 472.00 | - 487.00 | - 930.00 | - 801.00 | - 675.88 |
Profitability | |||||
EBIT-% | 23.6 % | 10.5 % | 82.9 % | 66.4 % | 30.4 % |
ROA | 9.7 % | 7.4 % | 50.8 % | 35.3 % | 18.4 % |
ROE | 7.4 % | 3.9 % | 44.4 % | 29.7 % | 15.0 % |
ROI | 11.4 % | 8.5 % | 57.2 % | 40.9 % | 21.1 % |
Economic value added (EVA) | 81.87 | 30.60 | 359.89 | 280.72 | 129.64 |
Solvency | |||||
Equity ratio | 88.0 % | 86.7 % | 88.9 % | 82.3 % | 91.2 % |
Gearing | |||||
Relative net indebtedness % | -74.1 % | -75.4 % | -142.3 % | -106.4 % | -95.2 % |
Liquidity | |||||
Quick ratio | 7.4 | 7.0 | 10.2 | 5.7 | 9.2 |
Current ratio | 7.4 | 7.0 | 10.2 | 5.7 | 9.2 |
Cash and cash equivalents | 472.00 | 487.00 | 930.00 | 801.00 | 675.88 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 86.0 | 94.6 | 89.7 | 94.9 | 94.8 |
Net working capital % | 103.8 % | 117.5 % | 180.8 % | 146.5 % | 121.3 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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