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 1.6 mUSD in 2024, demonstrating a decline of -87.2 % compared to the previous year. The operating profit percentage was at 48 % (EBIT: 0.8 mUSD), while net earnings were 808 kUSD. The profitability of the company measured by Return on Assets (ROA) was 15.3 %, which can be considered excellent and Return on Equity (ROE) was 16.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.7 %, 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. Clipper Bulk Invest III K/S's liquidity measured by quick ratio was 1.5 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 financialsNet sales (kUSD)
EBIT (kUSD)
Profitability
Solidity
Key figures (kUSD)
See financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | 8 585.00 | 12 851.00 | 1 642.00 | |
Gross profit | 5 516.00 | 7 665.00 | - 173.00 | |
EBIT | 3 306.00 | 1 505.00 | 788.00 | |
Net earnings | 2 454.00 | 814.00 | 808.00 | |
Shareholders equity total | 17 454.00 | 9 768.00 | 26.00 | |
Balance sheet total (assets) | 34 585.00 | 10 560.00 | 82.00 | |
Net debt | 11 816.00 | - 726.00 | -70.00 | |
Profitability | ||||
EBIT-% | 38.5 % | 11.7 % | 48.0 % | |
ROA | 9.6 % | 7.1 % | 15.3 % | |
ROE | 14.1 % | 6.0 % | 16.5 % | |
ROI | 10.1 % | 7.6 % | 16.7 % | |
Economic value added (EVA) | 3 292.58 | - 131.72 | 297.16 | |
Solvency | ||||
Equity ratio | 50.5 % | 92.5 % | 31.7 % | |
Gearing | 88.7 % | 3.8 % | ||
Relative net indebtedness % | 156.8 % | 0.5 % | -0.9 % | |
Liquidity | ||||
Quick ratio | 0.5 | 1.7 | 1.5 | |
Current ratio | 0.5 | 1.8 | 1.5 | |
Cash and cash equivalents | 3 674.00 | 726.00 | 71.00 | |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | -53.5 % | 5.0 % | 1.6 % | |
Credit risk | ||||
Credit rating | B | AA | BBB | C |
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