Union Bulk A/S

Union Bulk A/S (CVR number: 40300937) is a company from GENTOFTE. The company reported a net sales of 118.7 mUSD in 2022, demonstrating a decline of -22.6 % compared to the previous year. The operating profit percentage was at 2.2 % (EBIT: 2.6 mUSD), while net earnings were 3032.6 kUSD. The profitability of the company measured by Return on Assets (ROA) was 13.6 %, which can be considered good but Return on Equity (ROE) was 17 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.9 %, 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. Union Bulk A/S's liquidity measured by quick ratio was 2.6 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.