Clipper Bulk Invest III K/S — Credit Rating and Financial Key Figures

CVR number: 43049097
Sundkrogsgade 19, 2100 København Ø

Credit rating

Company information

Official name
Clipper Bulk Invest III K/S
Established
2022
Company form
Limited partnership
Industry

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 financials

Gross profit (kUSD)

EBIT (kUSD)

Profitability

Solidity

Key figures (kUSD)

See financials
2021
2022
2023
Volume
Net sales8 585.0012 851.00
Gross profit5 516.007 665.00
EBIT3 306.001 505.00
Net earnings2 454.00814.00
Shareholders equity total17 454.009 768.00
Balance sheet total (assets)34 585.0010 560.00
Net debt11 816.00- 726.00
Profitability
EBIT-%38.5 %11.7 %
ROA9.6 %7.1 %
ROE14.1 %6.0 %
ROI10.1 %7.6 %
Economic value added (EVA)3 292.58406.61
Solvency
Equity ratio50.5 %92.5 %
Gearing88.7 %
Relative net indebtedness %156.8 %0.5 %
Liquidity
Quick ratio0.51.7
Current ratio0.51.8
Cash and cash equivalents3 674.00726.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-53.5 %5.0 %
Credit risk
Credit ratingBAABBB

Variable visualization

ROA:7.15%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.5%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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