SAFE SHIPPING A/S — Credit Rating and Financial Key Figures

CVR number: 27300294
Balticagade 15 C, 8000 Aarhus C

Credit rating

Company information

Official name
SAFE SHIPPING A/S
Personnel
6 persons
Established
2003
Company form
Limited company
Industry
  • Expand more icon522600

About SAFE SHIPPING A/S

SAFE SHIPPING A/S (CVR number: 27300294) is a company from AARHUS. The company recorded a gross profit of 4402 kDKK in 2024. The operating profit was 180 kDKK, while net earnings were 19 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 54.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SAFE SHIPPING A/S's liquidity measured by quick ratio was 2.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit14 880.0015 360.0015 422.0010 690.004 402.00
EBIT7 256.007 269.007 124.004 652.00180.00
Net earnings5 848.005 781.006 288.005 180.0019.00
Shareholders equity total11 405.0011 476.007 471.007 958.007 977.00
Balance sheet total (assets)37 555.0052 177.0043 818.0035 947.0014 553.00
Net debt-3 348.00-10 825.00-3 699.00807.00- 621.00
Profitability
EBIT-%
ROA23.3 %17.3 %18.9 %17.8 %1.6 %
ROE62.4 %50.5 %66.4 %67.1 %0.2 %
ROI74.2 %60.7 %83.7 %41.8 %2.5 %
Economic value added (EVA)5 389.475 302.155 555.403 263.12537.74
Solvency
Equity ratio30.4 %22.0 %17.1 %22.1 %54.8 %
Gearing8.4 %9.7 %22.3 %212.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.31.21.32.2
Current ratio1.51.31.21.32.2
Cash and cash equivalents4 308.0011 934.005 362.0016 116.00621.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:1.61%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.8%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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