CLIPPER GROUP A/S

CVR number: 29891818
Sundkrogsgade 19, 2100 København Ø
tel: 49118001

Credit rating

Company information

Official name
CLIPPER GROUP A/S
Established
1966
Company form
Limited company
Industry
  • Expand more icon50Water transport

About CLIPPER GROUP A/S

CLIPPER GROUP A/S (CVR number: 29891818K) is a company from KØBENHAVN. The company recorded a gross profit of 113 kUSD in 2023. The operating profit was 113 kUSD, while net earnings were 4041 kUSD. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak and Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 97.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CLIPPER GROUP A/S's liquidity measured by quick ratio was 3192 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Net sales (mUSD)

EBIT (mUSD)

Profitability

Solidity

Key figures (mUSD)

See financials
20192020202120222023
Volume
Net sales108.09101.98113.48
Gross profit108.09101.98109.720.010.11
EBIT10.0711.6714.360.010.11
Net earnings11.14-7.1216.3827.104.04
Shareholders equity total163.16155.50171.34197.26198.26
Balance sheet total (assets)396.11383.82364.25203.61204.28
Net debt-20.50176.405.905.95
Profitability
EBIT-%9.3 %11.4 %12.7 %
ROA2.5 %3.0 %4.3 %0.7 %1.4 %
ROE7.1 %-4.5 %10.0 %14.7 %2.0 %
ROI2.5 %3.0 %4.4 %0.7 %1.4 %
Economic value added (EVA)2.433.477.71-8.61-9.90
Solvency
Equity ratio100.0 %100.0 %47.0 %96.9 %97.1 %
Gearing106.7 %3.0 %3.0 %
Relative net indebtedness %-20.1 %164.3 %
Liquidity
Quick ratio0.8583.43 192.0
Current ratio0.8583.43 192.0
Cash and cash equivalents20.506.410.100.00
Capital use efficiency
Trade debtors turnover (days)59.7
Net working capital %3.4 %1.2 %-32.4 %
Credit risk
Credit ratingBBBBBBAABB

Variable visualization

ROA:1.43%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.1%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

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