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

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

Company information

Official name
NORDANE SHIPPING A/S
Personnel
3 persons
Established
1980
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 078.141 273.841 259.64923.92532.21
EBIT- 630.40- 463.56- 652.47-64.64- 161.50
Net earnings- 555.651 323.231 569.75244.04232.17
Shareholders equity total17 533.9118 857.1420 426.8920 670.9317 903.10
Balance sheet total (assets)26 940.0427 215.3826 647.0723 459.0520 234.82
Net debt3 399.764 608.824 001.131 005.631 372.19
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 ratio65.1 %69.3 %76.7 %88.3 %88.5 %
Gearing21.2 %25.8 %24.0 %8.0 %8.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.82.82.48.26.4
Current ratio2.82.82.47.86.2
Cash and cash equivalents316.79250.64895.25637.97175.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:1.75%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.5%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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