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

CVR number: 15287837
Sydhavnen 13, 4400 Kalundborg
schultz@schultzshipping.dk
tel: 59578500
Free credit report Annual report

Income statement (kDKK)

2021
2022
2023
2024
2025
Fiscal period length1212121212
Net sales
Gross profit18 757.2621 511.4318 557.1517 627.8738 128.57
Employee benefit expenses-15 135.57-16 610.66-18 009.60-17 666.73-40 460.54
Other operating expenses-7.98-55.75
Total depreciation- 438.92- 398.70- 407.43- 321.42-3 862.15
EBIT3 182.774 502.08140.11- 368.25-6 249.87
Other financial income217.81285.66450.90237.76116.41
Other financial expenses-24.58-48.48-40.83-37.43-1 334.38
Net income from associates (fin.)6 209.727 235.988 527.813 800.213 244.08
Pre-tax profit9 585.7311 975.249 077.983 632.29-4 223.76
Income taxes- 760.57-1 058.99- 158.7923.441 627.66
Net earnings8 825.1510 916.258 919.193 655.72-2 596.10

Assets (kDKK)

2021
2022
2023
2024
2025
Development expenditure1 022.98
Goodwill80.0040.00
Intangible assets total80.0040.001 022.98
Land and waters2 317.022 238.802 164.482 131.8629 637.82
Buildings2 907.44
Machinery and equipment850.92570.44932.23539.779 185.43
Advance payments and construction in progress385.8518 137.76
Tangible assets total3 167.932 809.243 482.5520 809.3941 730.68
Holdings in group member companies25 306.3632 812.7636 546.0639 281.4134 757.24
Participating interests1 123.902 006.971 615.321 738.252 111.16
Investments total26 492.1334 858.4938 200.1441 058.4336 907.16
Long term receivables total
Inventories total
Current trade debtors20 983.3922 774.0918 414.1216 850.9612 988.25
Current amounts owed by group member comp.4 014.701 818.46378.34
Current owed by particip. interest comp.3 137.53
Prepayments and accrued income285.06150.00124.101 010.98799.14
Current other receivables3 168.121 976.811 949.541 098.13228.60
Current deferred tax assets126.932 164.59
Short term receivables total28 451.2624 900.9022 306.2119 087.0119 696.45
Cash and bank deposits1 607.874 679.892 529.70850.14116.55
Cash and cash equivalents1 607.874 679.892 529.70850.14116.55
Balance sheet total (assets)59 799.1867 288.5166 518.6081 804.9799 473.82

Equity and liabilities (kDKK)

2021
2022
2023
2024
2025
Share capital500.00500.00500.00500.00510.00
Shares repurchased4 000.007 000.00
Other reserves7 844.2716 233.7419 575.3922 545.3221 171.72
Retained earnings10 188.533 529.3311 571.1417 632.0426 056.33
Profit of the financial year8 825.1510 916.258 919.193 655.72-2 596.10
Shareholders equity total31 357.9638 179.3240 565.7244 333.0845 141.96
Provisions165.66112.1497.11200.601 645.99
Non-current loans from credit institutions6 719.85
Non-current leasing loans4 361.61
Non-current other liabilities1 191.98
Non-current deferred tax liabilities1 166.631 152.821 188.562 429.05
Non-current liabilities total1 191.981 166.631 152.821 188.5613 510.51
Current loans from credit institutions54.631 284.74
Advances received3 489.873 306.513 249.181 299.342 004.41
Current trade creditors19 881.8318 265.0018 937.1814 753.2313 511.41
Current owed to participating1 233.60
Current owed to group member1 561.0718 410.2618 283.94
Short-term deferred tax liabilities816.631 112.51173.83
Other non-interest bearing current liabilities2 895.253 585.342 288.131 619.892 857.25
Current liabilities total27 083.5827 830.4324 702.9536 082.7239 175.36
Balance sheet total (liabilities)59 799.1867 288.5166 518.6081 804.9799 473.82
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