Coral Tankers II ApS — Credit Rating and Financial Key Figures

CVR number: 39178958
Sundkrogsgade 5, 2100 København Ø

Company information

Official name
Coral Tankers II ApS
Established
2017
Company form
Private limited company
Industry

About Coral Tankers II ApS

Coral Tankers II ApS (CVR number: 39178958) is a company from KØBENHAVN. The company recorded a gross profit of -7.9 kEUR in 2023. The operating profit was -7.9 kEUR, while net earnings were 5.9 kEUR. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak and Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Coral Tankers II ApS's liquidity measured by quick ratio was 1315.5 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

Gross profit (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-1.61-1.83-1.86-1.94-7.88
EBIT-1.61-1.83-1.86-1.94-7.88
Net earnings884.53640.46353.56233.575.94
Shareholders equity total2 792.373 432.843 786.394 019.964 025.90
Balance sheet total (assets)24 643.5714 684.2812 638.024 188.864 046.58
Net debt21 845.4011 246.998 748.39-4 089.14-4 024.82
Profitability
EBIT-%
ROA3.7 %3.3 %3.3 %3.6 %0.2 %
ROE37.6 %20.6 %9.8 %6.0 %0.1 %
ROI3.7 %3.3 %3.3 %3.6 %0.2 %
Economic value added (EVA)-97.20- 141.91- 173.80- 191.702.34
Solvency
Equity ratio11.3 %23.4 %30.0 %96.0 %99.1 %
Gearing782.5 %327.7 %231.1 %2.5 %0.4 %
Relative net indebtedness %
Liquidity
Quick ratio3.82.10.024.81 315.5
Current ratio3.82.10.024.81 315.5
Cash and cash equivalents4.603.011.614 188.864 042.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBB

Variable visualization

ROA:0.18%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.1%
Rating: 86/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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