ShipShip ApS — Credit Rating and Financial Key Figures

ShipShip ApS (CVR number: 38937901) is a company from KØGE. The company reported a net sales of 5.6 mDKK in 2023, demonstrating a growth of 14.9 % compared to the previous year. The operating profit percentage was poor at -9.3 % (EBIT: -0.5 mDKK), while net earnings were -430.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -26.2 %, which can be considered poor and Return on Equity (ROE) was -47.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -15.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ShipShip ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.