NORTH SHIPPING ApS — Credit Rating and Financial Key Figures

NORTH SHIPPING ApS (CVR number: 28987862) is a company from LOLLAND. The company recorded a gross profit of 88.6 kDKK in 2024. The operating profit was 80 kDKK, while net earnings were 807.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered good but Return on Equity (ROE) was 5.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 96.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NORTH SHIPPING ApS's liquidity measured by quick ratio was 33.5 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.