LAURITZEN BULKERS A/S — Credit Rating and Financial Key Figures

CVR number: 55700117
Tuborg Havnevej 15, 2900 Hellerup

Company information

Official name
LAURITZEN BULKERS A/S
Personnel
64 persons
Established
1938
Company form
Limited company
Industry

About LAURITZEN BULKERS A/S

LAURITZEN BULKERS A/S (CVR number: 55700117K) is a company from GENTOFTE. The company recorded a gross profit of 0 kUSD in 2020. The operating profit was 0 kUSD, while net earnings were 0 kUSD. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 0 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. LAURITZEN BULKERS A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kUSD)

EBIT (kUSD)

Profitability

Solidity

Key figures (kUSD)

See financials
2017
2018
2019
2020
Volume
Net sales555 111.00565 368.00
Gross profit558 257.00568 637.00
EBIT-29 817.00-9 967.00
Net earnings-45 408.00-24 319.00
Shareholders equity total260 923.00236 241.00
Balance sheet total (assets)504 418.00462 234.00
Net debt135 165.00157 675.00
Profitability
EBIT-%-5.4 %-1.8 %
ROA-5.1 %-1.9 %
ROE-17.4 %-9.8 %
ROI-5.5 %-2.0 %
Economic value added (EVA)-31 301.85-29 301.05-18 674.31
Solvency
Equity ratio51.7 %51.1 %
Gearing74.2 %80.9 %
Relative net indebtedness %33.3 %34.1 %
Liquidity
Quick ratio1.92.1
Current ratio1.92.1
Cash and cash equivalents58 540.0033 431.00
Capital use efficiency
Trade debtors turnover (days)5.52.7
Net working capital %8.3 %6.5 %
Credit risk
Credit ratingAAABB

Variable visualization

Roles

Board member
Chairman of the board

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