NORDANE SHIPPING A/S

CVR number: 63526916
Kullinggade 31 C, 5700 Svendborg
info@nordane.dk
tel: 62208977

Credit rating

Company information

Official name
NORDANE SHIPPING A/S
Personnel
3 persons
Established
1980
Company form
Limited company
Industry
  • Expand more icon50Water transport

About the company

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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 632.421 078.141 273.841 259.64923.92
EBIT- 457.43- 630.40- 463.56- 652.47-64.64
Net earnings-2 045.12- 555.651 323.231 569.75244.04
Shareholders equity total18 089.5617 533.9118 857.1420 426.8920 670.93
Balance sheet total (assets)27 580.2226 940.0427 215.3826 647.0723 459.05
Net debt3 876.123 399.764 608.824 001.131 005.63
Profitability
EBIT-%
ROA-1.1 %-1.7 %6.6 %8.0 %1.4 %
ROE-10.7 %-3.1 %7.3 %8.0 %1.2 %
ROI-1.1 %-1.7 %6.7 %8.2 %1.5 %
Economic value added (EVA)- 890.52- 872.28- 658.86- 801.29- 501.48
Solvency
Equity ratio65.6 %65.1 %69.3 %76.7 %88.3 %
Gearing23.6 %21.2 %25.8 %24.0 %8.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.82.82.82.48.2
Current ratio2.82.82.82.47.8
Cash and cash equivalents393.93316.79250.64895.25637.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:1.43%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.3%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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