Credit rating
Company information
About INTEGRITY BULK ApS
INTEGRITY BULK ApS (CVR number: 36408987) is a company from GENTOFTE. The company reported a net sales of 101.5 mUSD in 2023, demonstrating a decline of -23.7 % compared to the previous year. The operating profit percentage was poor at -5.8 % (EBIT: -5.9 mUSD), while net earnings were -5591.9 kUSD. The profitability of the company measured by Return on Assets (ROA) was -16.2 %, which can be considered poor and Return on Equity (ROE) was -23.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. INTEGRITY BULK ApS's liquidity measured by quick ratio was 2.2 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 financialsNet sales (mUSD)
EBIT (mUSD)
Profitability
Solidity
Key figures (mUSD)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 91.91 | 51.21 | 166.43 | 132.96 | 101.48 |
Gross profit | -5.59 | 2.36 | 28.85 | 17.25 | -3.95 |
EBIT | -7.14 | 1.14 | 23.33 | 14.37 | -5.85 |
Net earnings | -5.70 | 1.03 | 19.67 | 13.90 | -5.59 |
Shareholders equity total | 4.85 | 5.88 | 25.55 | 39.45 | 8.86 |
Balance sheet total (assets) | 15.62 | 16.50 | 43.10 | 47.73 | 15.12 |
Net debt | -37.83 | -5.39 | |||
Profitability | |||||
EBIT-% | -7.8 % | 2.2 % | 14.0 % | 10.8 % | -5.8 % |
ROA | -35.9 % | 7.1 % | 78.3 % | 33.9 % | -16.2 % |
ROE | -74.0 % | 19.2 % | 125.1 % | 42.8 % | -23.1 % |
ROI | -50.2 % | 7.1 % | 78.3 % | 37.0 % | -20.6 % |
Economic value added (EVA) | -7.31 | 0.89 | 23.03 | 11.72 | -6.40 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 82.7 % | 58.6 % |
Gearing | 0.3 % | 3.1 % | |||
Relative net indebtedness % | -22.7 % | 0.2 % | |||
Liquidity | |||||
Quick ratio | 5.9 | 2.2 | |||
Current ratio | 6.1 | 2.6 | |||
Cash and cash equivalents | 37.96 | 5.66 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 15.6 | 18.9 | |||
Net working capital % | 30.0 % | 9.0 % | |||
Credit risk | |||||
Credit rating | B | BBB | BB | BBB | BB |
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