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

CVR number: 18936488
Snorresgade 18-20, 2300 København S

Company information

Official name
SHIPCO TRANSPORT HOLDING A/S
Personnel
9 persons
Established
1995
Company form
Limited company
Industry

About SHIPCO TRANSPORT HOLDING A/S

SHIPCO TRANSPORT HOLDING A/S (CVR number: 18936488K) is a company from KØBENHAVN. The company reported a net sales of 5172.4 mDKK in 2024, demonstrating a growth of 22.1 % compared to the previous year. The operating profit percentage was at 4.9 % (EBIT: 252.7 mDKK), while net earnings were 193 mDKK. The profitability of the company measured by Return on Assets (ROA) was 25.5 %, which can be considered excellent and Return on Equity (ROE) was 50.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.5 %, 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. SHIPCO TRANSPORT HOLDING 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales3 596.556 724.807 793.164 235.235 172.40
Gross profit757.971 365.671 694.11939.581 041.49
EBIT186.06678.39891.63174.81252.71
Net earnings147.33528.67668.96139.42192.96
Shareholders equity total320.53732.27919.74384.10382.98
Balance sheet total (assets)916.461 895.901 883.48987.391 143.54
Net debt- 298.73- 701.60-1 069.35- 461.72- 441.38
Profitability
EBIT-%5.2 %10.1 %11.4 %4.1 %4.9 %
ROA22.6 %49.0 %48.4 %14.3 %25.5 %
ROE47.4 %100.4 %81.0 %21.4 %50.3 %
ROI55.0 %116.8 %100.7 %29.0 %64.0 %
Economic value added (EVA)134.21511.78621.5773.65165.65
Solvency
Equity ratio35.0 %38.6 %48.8 %38.9 %33.5 %
Gearing14.0 %11.2 %8.6 %7.4 %13.5 %
Relative net indebtedness %7.0 %5.7 %-2.4 %2.7 %5.2 %
Liquidity
Quick ratio1.51.61.81.61.5
Current ratio1.51.61.81.61.5
Cash and cash equivalents343.52783.641 148.73490.20493.10
Capital use efficiency
Trade debtors turnover (days)35.941.718.524.828.0
Net working capital %7.9 %9.4 %10.1 %7.9 %6.5 %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:25.5%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.5%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Board member
Board member
Board member

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