Dania Ship Management Bulk A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Dania Ship Management Bulk A/S
Dania Ship Management Bulk A/S (CVR number: 17261142) is a company from KØBENHAVN. The company recorded a gross profit of 855.6 kDKK in 2024. The operating profit was -2496.2 kDKK, while net earnings were -2630.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22.9 %, which can be considered poor and Return on Equity (ROE) was -107.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -28.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Dania Ship Management Bulk A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 5 722.37 | 8 560.98 | 12 029.73 | 7 676.59 | 855.60 |
EBIT | 801.09 | 2 434.88 | - 183.04 | -1 519.81 | -2 496.19 |
Net earnings | 1 025.61 | 2 303.29 | -1 074.35 | -1 014.08 | -2 630.26 |
Shareholders equity total | 929.48 | 3 232.77 | 2 158.42 | 1 144.34 | -1 485.92 |
Balance sheet total (assets) | 3 396.51 | 6 961.12 | 11 478.01 | 14 772.63 | 3 745.42 |
Net debt | - 180.86 | -2 798.70 | -4 941.70 | 5 722.88 | - 441.64 |
Profitability | |||||
EBIT-% | |||||
ROA | 27.7 % | 51.9 % | 0.2 % | -9.8 % | -22.9 % |
ROE | 63.8 % | 110.7 % | -39.9 % | -61.4 % | -107.6 % |
ROI | 143.2 % | 124.1 % | 0.4 % | -15.8 % | -39.2 % |
Economic value added (EVA) | 572.04 | 2 119.73 | - 292.82 | -1 526.13 | -2 979.52 |
Solvency | |||||
Equity ratio | 27.4 % | 46.4 % | 18.8 % | 7.7 % | -28.4 % |
Gearing | 17.0 % | 0.3 % | 0.3 % | 740.5 % | -140.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.9 | 1.4 | 1.1 | 0.8 |
Current ratio | 0.4 | 0.9 | 1.4 | 1.1 | 0.8 |
Cash and cash equivalents | 338.76 | 2 806.97 | 4 947.29 | 2 751.43 | 2 529.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | B |
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