RUBICON SHIPPING ApS — Credit Rating and Financial Key Figures

CVR number: 27240380
Pinjelunden 5, 8960 Randers SØ

Company information

Official name
RUBICON SHIPPING ApS
Established
2003
Company form
Private limited company
Industry

About RUBICON SHIPPING ApS

RUBICON SHIPPING ApS (CVR number: 27240380) is a company from RANDERS. The company reported a net sales of 0.8 mDKK in 2023, demonstrating a decline of -25.3 % compared to the previous year. The operating profit percentage was at 92 % (EBIT: 0.8 mDKK), while net earnings were 2467.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.8 %, which can be considered excellent and Return on Equity (ROE) was 18.9 %, which can be considered excellent. 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. RUBICON SHIPPING ApS's liquidity measured by quick ratio was 107.6 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
2019
2020
2021
2022
2023
Volume
Net sales1 442.04763.981 531.351 120.36836.56
Gross profit1 408.15707.181 458.651 047.05769.52
EBIT1 408.15707.181 458.651 047.05769.52
Net earnings1 679.582 368.7994.251 844.312 467.41
Shareholders equity total9 192.9811 431.7711 413.0212 057.3314 099.74
Balance sheet total (assets)9 207.1311 904.5611 822.9212 074.2914 220.82
Net debt-8 262.48-10 825.92-9 959.85-10 455.41-13 025.83
Profitability
EBIT-%97.6 %92.6 %95.3 %93.5 %92.0 %
ROA21.3 %26.8 %14.6 %15.6 %20.8 %
ROE20.4 %23.0 %0.8 %15.7 %18.9 %
ROI21.4 %27.4 %15.2 %15.9 %20.9 %
Economic value added (EVA)1 438.13622.221 499.141 131.38743.55
Solvency
Equity ratio99.8 %96.0 %96.5 %99.9 %99.1 %
Gearing0.0 %0.0 %0.0 %
Relative net indebtedness %-572.0 %-1355.2 %-623.8 %-932.0 %-1543.0 %
Liquidity
Quick ratio584.0246.124.3624.6107.6
Current ratio584.0246.124.3624.6107.6
Cash and cash equivalents8 262.4810 825.929 962.9410 458.4913 028.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %39.6 %4.2 %-24.1 %17.1 %4.8 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:20.8%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.1%
Rating: 87/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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