STEVNS SHIPPING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About STEVNS SHIPPING A/S
STEVNS SHIPPING A/S (CVR number: 42709913) is a company from SVENDBORG. The company recorded a gross profit of 621.2 kDKK in 2023. The operating profit was -367.1 kDKK, while net earnings were 992.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak and Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 83.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. STEVNS SHIPPING A/S's liquidity measured by quick ratio was 2.5 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 6 372.62 | 936.67 | 982.11 | 659.88 | 621.18 |
EBIT | 5 491.70 | 107.66 | 101.14 | - 208.05 | - 367.06 |
Net earnings | 5 889.96 | 3 494.32 | 261.37 | - 285.83 | 992.45 |
Shareholders equity total | 38 343.20 | 41 837.51 | 42 098.88 | 41 813.04 | 42 805.49 |
Balance sheet total (assets) | 74 688.56 | 80 244.13 | 76 669.21 | 57 103.06 | 51 003.37 |
Net debt | 32 585.21 | 32 566.46 | 29 563.60 | 253.44 | -1 440.31 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.5 % | 5.4 % | 0.6 % | 0.3 % | 2.2 % |
ROE | 16.7 % | 8.7 % | 0.6 % | -0.7 % | 2.3 % |
ROI | 13.0 % | 5.7 % | 0.7 % | 0.3 % | 2.3 % |
Economic value added (EVA) | 4 712.27 | 988.49 | 1 084.33 | 785.44 | -1 647.11 |
Solvency | |||||
Equity ratio | 51.3 % | 52.1 % | 54.9 % | 73.2 % | 83.9 % |
Gearing | 85.1 % | 78.2 % | 70.7 % | 34.6 % | 17.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.0 | 0.1 | 2.4 | 2.5 |
Current ratio | 0.1 | 0.1 | 0.2 | 2.6 | 2.9 |
Cash and cash equivalents | 59.65 | 168.94 | 190.35 | 14 221.09 | 8 924.74 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | A | A | A | AA |
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