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Union Bulk A/S — Credit Rating and Financial Key Figures

CVR number: 40300937
Strandvejen 171, 2900 Hellerup
management@unionbulk.dk
tel: 32421200
www.unionbulk.dk
Free credit report Annual report

Company information

Official name
Union Bulk A/S
Personnel
9 persons
Established
2019
Company form
Limited company
Industry

About Union Bulk A/S

Union Bulk A/S (CVR number: 40300937) is a company from GENTOFTE. The company recorded a gross profit of -359.5 kUSD in 2024. The operating profit was -2610.5 kUSD, while net earnings were -2725.4 kUSD. The profitability of the company measured by Return on Assets (ROA) was -13.5 %, which can be considered poor and Return on Equity (ROE) was -25.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Union Bulk A/S'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 financials

Gross profit (kUSD)

EBIT (kUSD)

Profitability

Solidity

Key figures (kUSD)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit14 435.0031 208.004 422.002 526.89- 359.48
EBIT13 146.0028 844.002 633.00614.86-2 610.45
Net earnings12 511.0026 933.003 033.001 058.61-2 725.42
Shareholders equity total15 345.0019 778.0015 811.0016 869.124 211.15
Balance sheet total (assets)23 692.0023 861.0020 897.0022 032.6111 953.26
Net debt-5 673.11- 628.32
Profitability
EBIT-%
ROA87.7 %121.3 %11.8 %7.0 %-13.5 %
ROE132.8 %153.4 %17.0 %6.5 %-25.9 %
ROI87.7 %121.3 %11.8 %7.8 %-20.5 %
Economic value added (EVA)12 970.0728 072.911 639.16- 345.78-3 619.25
Solvency
Equity ratio100.0 %100.0 %100.0 %76.6 %35.2 %
Gearing2.2 %23.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.11.1
Current ratio2.51.5
Cash and cash equivalents6 044.621 629.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-13.5%
Rating: 6/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.2%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

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