NORDANE SHIPPING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NORDANE SHIPPING A/S
NORDANE SHIPPING A/S (CVR number: 63526916) is a company from SVENDBORG. The company recorded a gross profit of 532.2 kDKK in 2024. The operating profit was -161.5 kDKK, while net earnings were 232.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, 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 88.5 %, 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 6.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 078.14 | 1 273.84 | 1 259.64 | 923.92 | 532.21 |
EBIT | - 630.40 | - 463.56 | - 652.47 | -64.64 | - 161.50 |
Net earnings | - 555.65 | 1 323.23 | 1 569.75 | 244.04 | 232.17 |
Shareholders equity total | 17 533.91 | 18 857.14 | 20 426.89 | 20 670.93 | 17 903.10 |
Balance sheet total (assets) | 26 940.04 | 27 215.38 | 26 647.07 | 23 459.05 | 20 234.82 |
Net debt | 3 399.76 | 4 608.82 | 4 001.13 | 1 005.63 | 1 372.19 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.7 % | 6.6 % | 8.0 % | 1.4 % | 1.7 % |
ROE | -3.1 % | 7.3 % | 8.0 % | 1.2 % | 1.2 % |
ROI | -1.7 % | 6.7 % | 8.2 % | 1.5 % | 1.8 % |
Economic value added (EVA) | -1 680.34 | -1 454.14 | -1 674.92 | -1 338.68 | -1 255.60 |
Solvency | |||||
Equity ratio | 65.1 % | 69.3 % | 76.7 % | 88.3 % | 88.5 % |
Gearing | 21.2 % | 25.8 % | 24.0 % | 8.0 % | 8.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.8 | 2.8 | 2.4 | 8.2 | 6.4 |
Current ratio | 2.8 | 2.8 | 2.4 | 7.8 | 6.2 |
Cash and cash equivalents | 316.79 | 250.64 | 895.25 | 637.97 | 175.20 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
Variable visualization
Roles
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.