FALCON SHIPPING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FALCON SHIPPING A/S
FALCON SHIPPING A/S (CVR number: 26443547) is a company from SØNDERBORG. The company recorded a gross profit of -30.1 kDKK in 2024. The operating profit was -143.1 kDKK, while net earnings were -3525.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.2 %, which can be considered poor and Return on Equity (ROE) was -20.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.4 %, 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -25.57 | -23.63 | -27.40 | -29.75 | -30.10 |
EBIT | - 138.57 | - 136.63 | - 140.40 | - 142.75 | - 143.10 |
Net earnings | - 400.72 | 478.46 | -3 706.64 | -4 758.91 | -3 525.22 |
Shareholders equity total | 27 128.10 | 27 606.56 | 23 899.92 | 19 141.01 | 15 615.79 |
Balance sheet total (assets) | 58 054.59 | 55 636.99 | 52 470.79 | 48 115.64 | 45 380.45 |
Net debt | 17 824.25 | 18 879.79 | 25 844.85 | 26 174.69 | 26 976.27 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.1 % | 2.0 % | -6.0 % | -9.0 % | -6.2 % |
ROE | -1.5 % | 1.7 % | -14.4 % | -22.1 % | -20.3 % |
ROI | 1.2 % | 2.1 % | -6.4 % | -9.5 % | -6.6 % |
Economic value added (EVA) | -2 366.35 | -2 394.69 | -2 474.82 | -2 642.93 | -2 418.79 |
Solvency | |||||
Equity ratio | 46.7 % | 49.6 % | 45.5 % | 39.8 % | 34.4 % |
Gearing | 65.7 % | 68.6 % | 108.2 % | 136.7 % | 172.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 0.9 | 0.7 | 0.7 | 0.7 |
Current ratio | 1.1 | 0.9 | 0.7 | 0.7 | 0.7 |
Cash and cash equivalents | 10.00 | 48.72 | 10.06 | 0.45 | 8.15 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | BBB |
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