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EUROBULK HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About EUROBULK HOLDING A/S
EUROBULK HOLDING A/S (CVR number: 27335039) is a company from AABENRAA. The company recorded a gross profit of -21.8 kDKK in 2024. The operating profit was -21.8 kDKK, while net earnings were 6801.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18 %, which can be considered excellent and Return on Equity (ROE) was 18.2 %, which can be considered excellent. 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. EUROBULK HOLDING A/S's liquidity measured by quick ratio was 0.6 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 | -26.00 | -26.00 | -15.00 | -39.00 | -21.75 |
| EBIT | -26.00 | -26.00 | -15.00 | -39.00 | -21.75 |
| Net earnings | 4 397.00 | -1 859.00 | 4 826.00 | 4 580.00 | 6 801.87 |
| Shareholders equity total | 30 641.00 | 26 701.00 | 31 565.00 | 35 050.00 | 39 836.63 |
| Balance sheet total (assets) | 32 142.00 | 28 042.00 | 32 663.00 | 36 195.00 | 41 123.81 |
| Net debt | 1 396.00 | 1 233.00 | 969.00 | 979.00 | 1 137.45 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 14.4 % | -5.9 % | 16.4 % | 13.8 % | 18.0 % |
| ROE | 14.9 % | -6.5 % | 16.6 % | 13.8 % | 18.2 % |
| ROI | 14.4 % | -5.9 % | 16.4 % | 13.8 % | 18.1 % |
| Economic value added (EVA) | -1 518.52 | -1 630.15 | -1 415.39 | -1 665.06 | -1 827.42 |
| Solvency | |||||
| Equity ratio | 95.3 % | 95.2 % | 96.6 % | 96.8 % | 96.9 % |
| Gearing | 4.6 % | 4.6 % | 3.1 % | 2.8 % | 2.9 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.2 | 0.6 | |||
| Current ratio | 0.2 | 0.6 | |||
| Cash and cash equivalents | 0.10 | ||||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | BBB | A | A |
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