Nørresundby Rederi & Shipping A/S — Credit Rating and Financial Key Figures

CVR number: 38675281
Østre Havnegade 18, 9000 Aalborg

Company information

Official name
Nørresundby Rederi & Shipping A/S
Personnel
31 persons
Established
2017
Company form
Limited company
Industry

About Nørresundby Rederi & Shipping A/S

Nørresundby Rederi & Shipping A/S (CVR number: 38675281) is a company from AALBORG. The company recorded a gross profit of 16.7 mDKK in 2024. The operating profit was 2535.4 kDKK, while net earnings were 498.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent and Return on Equity (ROE) was 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 20.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Nørresundby Rederi & Shipping A/S's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit14 109.0321 666.8823 544.4119 161.3216 706.08
EBIT-6 552.443 245.117 251.222 763.622 535.43
Net earnings-9 373.123 462.444 998.532 357.48498.20
Shareholders equity total-4 700.55-1 238.113 760.428 617.909 116.10
Balance sheet total (assets)37 928.1033 203.9833 566.3331 331.8744 292.25
Net debt32 537.1127 634.2624 618.1919 243.5530 518.79
Profitability
EBIT-%
ROA-24.4 %11.5 %17.7 %10.6 %4.2 %
ROE-28.9 %9.7 %27.0 %38.1 %5.6 %
ROI-31.0 %14.4 %21.1 %12.2 %4.7 %
Economic value added (EVA)-7 174.202 367.886 041.191 893.88387.21
Solvency
Equity ratio-11.0 %-3.6 %12.7 %27.5 %20.6 %
Gearing-694.6 %-2238.0 %655.5 %226.3 %335.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.50.30.5
Current ratio0.30.40.60.40.6
Cash and cash equivalents110.7375.1429.50256.9520.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBAAA

Variable visualization

ROA:4.21%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.6%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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