RUBICON SHIPPING ApS

CVR number: 27240380
Pinjelunden 5, 8960 Randers SØ

Credit rating

Company information

Official name
RUBICON SHIPPING ApS
Established
2003
Company form
Private limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About the company

RUBICON SHIPPING ApS (CVR number: 27240380) is a company from RANDERS. The company reported a net sales of 1.1 mDKK in 2022, demonstrating a decline of -26.8 % compared to the previous year. The operating profit percentage was at 93.5 % (EBIT: 1 mDKK), while net earnings were 1844.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.6 %, which can be considered excellent and Return on Equity (ROE) was 15.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. RUBICON SHIPPING ApS's liquidity measured by quick ratio was 624.6 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales1 982.701 442.04763.981 531.351 120.36
Gross profit1 951.271 408.15707.181 458.651 047.05
EBIT1 951.271 408.15707.181 458.651 047.05
Net earnings2 055.341 679.582 368.7994.251 844.31
Shareholders equity total7 310.709 192.9811 431.7711 413.0212 057.33
Balance sheet total (assets)7 316.559 207.1311 904.5611 822.9212 074.29
Net debt-5 445.31-8 262.48-10 825.92-9 959.85-10 455.41
Profitability
EBIT-%98.4 %97.6 %92.6 %95.3 %93.5 %
ROA31.4 %21.3 %26.8 %14.6 %15.6 %
ROE31.2 %20.4 %23.0 %0.8 %15.7 %
ROI31.5 %21.4 %27.4 %15.2 %15.9 %
Economic value added (EVA)2 052.221 438.13622.221 499.141 131.38
Solvency
Equity ratio99.9 %99.8 %96.0 %96.5 %99.9 %
Gearing0.0 %0.0 %0.0 %
Relative net indebtedness %-274.4 %-572.0 %-1355.2 %-623.8 %-932.0 %
Liquidity
Quick ratio934.8584.0246.124.3624.6
Current ratio934.8584.0246.124.3624.6
Cash and cash equivalents5 446.168 262.4810 825.929 962.9410 458.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %23.9 %39.6 %4.2 %-24.1 %17.1 %
Credit risk
Credit ratingBBBBBBABBBA

Variable visualization

ROA:15.6%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 98/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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