NORTH SHIPPING ApS — Credit Rating and Financial Key Figures

CVR number: 28987862
Strandvej 25, 4900 Nakskov
tel: 54958064

Company information

Official name
NORTH SHIPPING ApS
Established
2005
Company form
Private limited company
Industry

About NORTH SHIPPING ApS

NORTH SHIPPING ApS (CVR number: 28987862) is a company from LOLLAND. The company recorded a gross profit of 88 kDKK in 2023. The operating profit was 79.4 kDKK, while net earnings were 1704.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.6 %, which can be considered good and Return on Equity (ROE) was 13.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 96.5 %, 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 213 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit55.0669.7461.3681.1987.97
EBIT46.4561.1352.7572.5879.36
Net earnings966.412 662.00552.441 489.491 704.07
Shareholders equity total11 320.5413 871.9413 561.3812 350.8713 739.93
Balance sheet total (assets)11 693.1314 601.3313 613.4312 407.2214 237.94
Net debt-4 721.62-4 089.56-11 095.20-8 574.39-10 926.79
Profitability
EBIT-%
ROA10.1 %23.1 %8.0 %12.7 %14.6 %
ROE8.8 %21.1 %4.0 %11.5 %13.1 %
ROI10.4 %24.1 %8.2 %12.8 %14.9 %
Economic value added (EVA)- 149.69- 193.60- 287.971.44-23.53
Solvency
Equity ratio96.8 %95.0 %99.6 %99.5 %96.5 %
Gearing0.0 %
Relative net indebtedness %
Liquidity
Quick ratio13.56.8216.4166.2213.0
Current ratio13.56.8216.4166.2213.0
Cash and cash equivalents4 721.624 089.6011 095.208 574.3910 926.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:14.6%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.5%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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