FALCON SHIPPING A/S

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 the company

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
20192020202120222023
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 ratingBBBBBBABBBB

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

Companies in the same industry

Build time: 2024-10-04T14:01:12.228Z

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