FALCON SHIPPING A/S — Credit Rating and Financial Key Figures

CVR number: 26443547
Havnevej 18, 6320 Egernsund
info@corralline.com
tel: 74441475

Credit rating

Company information

Official name
FALCON SHIPPING A/S
Personnel
5 persons
Established
2002
Company form
Limited company
Industry
  • Expand more icon50Water transport

About FALCON SHIPPING A/S

FALCON SHIPPING A/S (CVR number: 26443547) is a company from SØNDERBORG. The company recorded a gross profit of -29.8 kDKK in 2023. The operating profit was -142.8 kDKK, while net earnings were -4758.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9 %, which can be considered poor and Return on Equity (ROE) was -22.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39.8 %, 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. FALCON SHIPPING A/S's liquidity measured by quick ratio was 0.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-26.35-25.57-23.63-27.40-29.75
EBIT- 139.35- 138.57- 136.63- 140.40- 142.75
Net earnings- 967.43- 400.72478.46-3 706.64-4 758.91
Shareholders equity total27 528.8227 128.1027 606.5623 899.9219 141.01
Balance sheet total (assets)60 379.8458 054.5955 636.9952 470.7948 115.64
Net debt16 848.3817 824.2518 879.7925 844.8526 174.69
Profitability
EBIT-%
ROA0.1 %1.1 %2.0 %-6.0 %-9.0 %
ROE-3.5 %-1.5 %1.7 %-14.4 %-22.1 %
ROI0.1 %1.2 %2.1 %-6.4 %-9.5 %
Economic value added (EVA)305.56322.86362.31423.22286.45
Solvency
Equity ratio45.6 %46.7 %49.6 %45.5 %39.8 %
Gearing61.2 %65.7 %68.6 %108.2 %136.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.10.90.70.7
Current ratio1.31.10.90.70.7
Cash and cash equivalents6.7110.0048.7210.060.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:-8.96%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.8%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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