Clipper Bulk Invest III K/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Clipper Bulk Invest III K/S
Clipper Bulk Invest III K/S (CVR number: 43049097K) is a company from KØBENHAVN. The company reported a net sales of 12.9 mUSD in 2023, demonstrating a growth of 49.7 % compared to the previous year. The operating profit percentage was at 11.7 % (EBIT: 1.5 mUSD), while net earnings were 814 kUSD. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent and Return on Equity (ROE) was 6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 92.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Clipper Bulk Invest III K/S's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kUSD)
EBIT (kUSD)
Profitability
Solidity
Key figures (kUSD)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 8 585.00 | 12 851.00 | |
Gross profit | 5 516.00 | 7 665.00 | |
EBIT | 3 306.00 | 1 505.00 | |
Net earnings | 2 454.00 | 814.00 | |
Shareholders equity total | 17 454.00 | 9 768.00 | |
Balance sheet total (assets) | 34 585.00 | 10 560.00 | |
Net debt | 11 816.00 | - 726.00 | |
Profitability | |||
EBIT-% | 38.5 % | 11.7 % | |
ROA | 9.6 % | 7.1 % | |
ROE | 14.1 % | 6.0 % | |
ROI | 10.1 % | 7.6 % | |
Economic value added (EVA) | 3 292.58 | 406.61 | |
Solvency | |||
Equity ratio | 50.5 % | 92.5 % | |
Gearing | 88.7 % | ||
Relative net indebtedness % | 156.8 % | 0.5 % | |
Liquidity | |||
Quick ratio | 0.5 | 1.7 | |
Current ratio | 0.5 | 1.8 | |
Cash and cash equivalents | 3 674.00 | 726.00 | |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | -53.5 % | 5.0 % | |
Credit risk | |||
Credit rating | B | AA | BBB |
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