Alba Tankers ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Alba Tankers ApS
Alba Tankers ApS (CVR number: 36945699) is a company from AALBORG. The company recorded a gross profit of 1997.5 kUSD in 2023. The operating profit was -887.5 kUSD, while net earnings were 15.9 mUSD. The profitability of the company measured by Return on Assets (ROA) was 35.6 %, which can be considered excellent and Return on Equity (ROE) was 47.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Alba Tankers ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kUSD)
EBIT (kUSD)
Profitability
Solidity
Key figures (kUSD)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 330.00 | 2 539.00 | 1 979.00 | 1 875.00 | 1 997.52 |
EBIT | -15.00 | 221.00 | 507.00 | 33.00 | - 887.51 |
Net earnings | 2 254.00 | 3 086.00 | 1 915.00 | 10 581.00 | 15 882.11 |
Shareholders equity total | 15 537.00 | 17 385.00 | 18 253.00 | 29 391.00 | 37 853.51 |
Balance sheet total (assets) | 21 748.00 | 25 017.00 | 26 790.00 | 42 761.00 | 50 280.34 |
Net debt | 4 881.00 | 5 160.00 | 6 640.00 | 12 353.00 | 10 386.52 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.3 % | 13.8 % | 8.5 % | 31.2 % | 35.6 % |
ROE | 15.5 % | 18.7 % | 10.7 % | 44.4 % | 47.2 % |
ROI | 12.7 % | 14.5 % | 8.8 % | 31.8 % | 36.6 % |
Economic value added (EVA) | 685.32 | 878.04 | 1 228.84 | 846.57 | 163.86 |
Solvency | |||||
Equity ratio | 71.4 % | 69.5 % | 68.1 % | 68.7 % | 75.3 % |
Gearing | 35.3 % | 35.2 % | 37.7 % | 42.7 % | 28.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 0.8 | 0.9 | 0.9 | 1.1 |
Current ratio | 0.9 | 0.8 | 0.9 | 0.9 | 1.1 |
Cash and cash equivalents | 607.00 | 963.00 | 247.00 | 206.00 | 290.75 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | AA | AA | A |
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