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

XO SHIPPING A/S (CVR number: 33080212) is a company from GENTOFTE. The company reported a net sales of 362.2 mUSD in 2024, demonstrating a decline of -15.1 % compared to the previous year. The operating profit percentage was poor at -0.8 % (EBIT: -3.1 mUSD), while net earnings were -1069.1 kUSD. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was -2.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57 %, 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. XO SHIPPING A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.