Concordia Maritime A/S — Credit Rating and Financial Key Figures

Concordia Maritime A/S (CVR number: 40892389) is a company from GENTOFTE. The company recorded a gross profit of 189 kUSD in 2023. The operating profit was -257 kUSD, while net earnings were 3842 kUSD. The profitability of the company measured by Return on Assets (ROA) was 116.8 %, which can be considered excellent but Return on Equity (ROE) was 7.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Concordia Maritime A/S's liquidity measured by quick ratio was 155.2 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.