THORESEN SHIPPING DENMARK ApS — Credit Rating and Financial Key Figures

THORESEN SHIPPING DENMARK ApS (CVR number: 34879141) is a company from KØBENHAVN. The company recorded a gross profit of -164.9 kDKK in 2016. The operating profit was -164.9 kDKK, while net earnings were -168.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -37.3 %, which can be considered poor and Return on Equity (ROE) was -48.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. THORESEN SHIPPING DENMARK ApS's liquidity measured by quick ratio was 4.7 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.