BALTIC SHIPPING COMPANY A/S — Credit Rating and Financial Key Figures

BALTIC SHIPPING COMPANY A/S (CVR number: 81445710) is a company from HILLERØD. The company reported a net sales of 179.7 mDKK in 2023, demonstrating a decline of -6.5 % compared to the previous year. The operating profit percentage was at 34.8 % (EBIT: 62.6 mDKK), while net earnings were 149 mDKK. The profitability of the company measured by Return on Assets (ROA) was 53.7 %, which can be considered excellent and Return on Equity (ROE) was 85.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. BALTIC SHIPPING COMPANY A/S's liquidity measured by quick ratio was 2.8 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.