Net income rose to €2.1m ($2.22m) through 2014, a 40% rise on the €1.5m of the previous year.
Earnings before interest, taxes, depreciation, and amortisation rose to €209.5m from €191.8m in 2013.
Top line revenues were however down at €545m, a near 6% reduction on the previous year.
German credit rating agency, Creditreform, has upgraded Rickmers to a 'B-' from a 'CCC.'
Rickmers increased its Frankfurt Stock exchange listed corporate bond issue by €50m to €275m during 2014.
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