EUROBULK HOLDING A/S — Credit Rating and Financial Key Figures

EUROBULK HOLDING A/S (CVR number: 27335039K) is a company from AABENRAA. The company recorded a gross profit of 59.9 mDKK in 2019. The operating profit was 10.5 mDKK, while net earnings were 6301 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.9 %, which can be considered good but Return on Equity (ROE) was 23.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.3 %, 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. EUROBULK HOLDING A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.