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

NORDANE SHIPPING A/S (CVR number: 63526916) is a company from SVENDBORG. The company recorded a gross profit of 923.9 kDKK in 2023. The operating profit was -64.6 kDKK, while net earnings were 244 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak and Return on Equity (ROE) was 1.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 88.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NORDANE SHIPPING A/S's liquidity measured by quick ratio was 8.2 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.