Independent Bulk Carriers A/S — Credit Rating and Financial Key Figures

Independent Bulk Carriers A/S (CVR number: 40804099) is a company from KØBENHAVN. The company recorded a gross profit of -396.4 kUSD in 2023. The operating profit was -652.2 kUSD, while net earnings were -607.4 kUSD. The profitability of the company measured by Return on Assets (ROA) was -4.7 %, which can be considered poor and Return on Equity (ROE) was -8.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 94.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Independent Bulk Carriers A/S's liquidity measured by quick ratio was 19.5 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.