REDERIET O.W. BALTIC A/S — Credit Rating and Financial Key Figures

REDERIET O.W. BALTIC A/S (CVR number: 28658354) is a company from AALBORG. The company recorded a gross profit of 508.5 kUSD in 2023. The operating profit was 345.5 kUSD, while net earnings were 294 kUSD. The profitability of the company measured by Return on Assets (ROA) was 18.2 %, which can be considered excellent and Return on Equity (ROE) was 16 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 90.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. REDERIET O.W. BALTIC A/S's liquidity measured by quick ratio was 9.2 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.