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 -35 kUSD in 2024. The operating profit was -265 kUSD, while net earnings were 224 kUSD. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent but Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 30.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Concordia Maritime A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.