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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 the company

CLIPPER GROUP A/S (CVR number: 29891818K) is a company from KØBENHAVN. The company recorded a gross profit of 6 kUSD in 2022, demonstrating a decline of -100 % compared to the previous year. The operating profit was 6 kUSD, while net earnings were 27.1 mUSD. The profitability of the company measured by Return on Assets (ROA) was -1.6 %, which can be considered poor but Return on Equity (ROE) was 14.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 96.9 %, 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 583.4 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
20182019202020212022
Volume
Net sales113.07108.09101.98113.48
Gross profit113.07108.09101.98109.720.01
EBIT13.3510.0711.6714.360.01
Net earnings0.3811.14-7.1216.3827.13
Shareholders equity total152.08163.16155.50171.34197.26
Balance sheet total (assets)421.32396.11383.82364.25203.61
Net debt-20.50176.405.90
Profitability
EBIT-%11.8 %9.3 %11.4 %12.7 %
ROA3.4 %2.5 %3.0 %4.3 %-1.6 %
ROE0.2 %7.1 %-4.5 %10.0 %14.7 %
ROI3.6 %2.5 %3.0 %4.4 %-1.6 %
Economic value added (EVA)8.172.433.477.71-8.61
Solvency
Equity ratio100.0 %100.0 %100.0 %47.0 %96.9 %
Gearing106.7 %3.0 %
Relative net indebtedness %-20.1 %164.3 %
Liquidity
Quick ratio0.8583.4
Current ratio0.8583.4
Cash and cash equivalents20.506.410.10
Capital use efficiency
Trade debtors turnover (days)59.7
Net working capital %111.7 %3.4 %1.2 %-32.4 %
Credit risk
Credit ratingBBBBBBBBBAAB

Variable visualization

ROA:-1.56%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Equity ratio:96.9%
Rating: 78/100
-1%
21%
50%
81%
99%
100%

Roles

Chairman of the board
Chief executive officer
Chief executive officer

Companies in the same industry

Build time: 2024-07-12T11:31:12.406Z

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