Shipping company Dannebrog Rederi back in black
Following three years with deficits, Dannebrog Rederi, based in Rungsted, Denmark, can finally present a positive result on the bottom line, according to the shipping company's annual report 2012. From a net deficit of USD 9.4 million in 2011, the shipping company made USD 6.8 million in profits last year, and the company had USD 49.3 in equities on December 31st 2012. However, net revenue declined from USD 22.4 million in 2011 to around USD 10 million in 2012.
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Weco Group establishing bulker company
For subscribers
Stena Weco establishes new tanker carrier in Singapore
For subscribers
Dannebrog CEO swore he would never become a shipowner
For subscribers