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

CVR number: 40804099
Ømosevej 1, Øerne 3000 Helsingør
tel: 20779277
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Credit rating

Company information

Official name
Independent Bulk Carriers A/S
Personnel
1 person
Established
2019
Domicile
Øerne
Company form
Limited company
Industry

About Independent Bulk Carriers A/S

Independent Bulk Carriers A/S (CVR number: 40804099) is a company from HELSINGØR. The company recorded a gross profit of -87.8 kUSD in 2024. The operating profit was -318.6 kUSD, while net earnings were 788.9 kUSD. The profitability of the company measured by Return on Assets (ROA) was 14.8 %, which can be considered good and Return on Equity (ROE) was 12.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 95 %, 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 20.2 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 financials

Gross profit (kUSD)

EBIT (kUSD)

Profitability

Solidity

Key figures (kUSD)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit7 090.0010 326.003 203.00- 396.00-87.77
EBIT6 849.009 819.002 883.00- 652.00- 318.58
Net earnings2 482.00- 607.00788.94
Shareholders equity total4 336.0011 819.008 482.006 393.006 381.93
Balance sheet total (assets)10 476.0019 400.009 453.006 737.006 714.58
Net debt- 932.00-10 866.00-5 236.00-6 220.00-5 736.04
Profitability
EBIT-%
ROA94.2 %65.8 %23.2 %-4.7 %14.8 %
ROE24.5 %-8.2 %12.4 %
ROI163.0 %151.5 %38.9 %-5.1 %15.4 %
Economic value added (EVA)4 907.766 535.721 216.68- 893.26- 647.25
Solvency
Equity ratio44.2 %39.2 %93.1 %94.9 %95.0 %
Gearing33.8 %1.4 %1.0 %1.3 %1.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.31.713.519.620.2
Current ratio1.71.89.719.620.2
Cash and cash equivalents2 398.0011 033.005 318.006 300.005 819.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:14.8%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.0%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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