BUNKER HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BUNKER HOLDING A/S
BUNKER HOLDING A/S (CVR number: 75266316K) is a company from MIDDELFART. The company reported a net sales of 13726.7 mUSD in 2024, demonstrating a decline of -5.3 % compared to the previous year. The operating profit percentage was at 0.7 % (EBIT: 90.5 mUSD), while net earnings were 1095 kUSD. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 0.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 21.8 %, 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. BUNKER HOLDING A/S's liquidity measured by quick ratio was 1.1 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 (mUSD)
EBIT (mUSD)
Profitability
Solidity
Key figures (mUSD)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 9 769.10 | 16 539.50 | 16 579.73 | 14 494.09 | 13 726.65 |
Gross profit | 294.15 | 391.54 | 16 275.67 | 14 259.45 | 13 492.98 |
EBIT | 81.35 | 117.89 | 260.25 | 162.37 | 90.47 |
Net earnings | 56.61 | 79.54 | 168.98 | 1.75 | 1.09 |
Shareholders equity total | 334.44 | 386.24 | 468.06 | 358.77 | 294.32 |
Balance sheet total (assets) | 1 631.23 | 2 455.58 | 2 061.22 | 1 804.44 | 1 347.55 |
Net debt | 327.91 | 370.17 | 588.42 | 353.29 | 141.09 |
Profitability | |||||
EBIT-% | 0.8 % | 0.7 % | 1.6 % | 1.1 % | 0.7 % |
ROA | 6.1 % | 6.6 % | 12.8 % | 9.1 % | 6.6 % |
ROE | 16.4 % | 22.1 % | 39.6 % | 0.4 % | 0.3 % |
ROI | 11.7 % | 15.0 % | 27.5 % | 19.0 % | 16.8 % |
Economic value added (EVA) | 28.12 | 50.76 | 149.20 | 66.44 | 35.56 |
Solvency | |||||
Equity ratio | 20.5 % | 15.7 % | 22.7 % | 19.9 % | 21.8 % |
Gearing | 125.9 % | 153.9 % | 129.3 % | 100.6 % | 53.2 % |
Relative net indebtedness % | 12.3 % | 11.2 % | 9.5 % | 9.9 % | 7.6 % |
Liquidity | |||||
Quick ratio | 1.0 | 1.0 | 1.2 | 1.2 | 1.1 |
Current ratio | 1.3 | 1.3 | 1.5 | 1.3 | 1.2 |
Cash and cash equivalents | 93.20 | 224.44 | 16.56 | 7.68 | 15.49 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 35.6 | 30.4 | 31.1 | 32.3 | 24.6 |
Net working capital % | 3.9 % | 3.2 % | 4.0 % | 3.0 % | 1.5 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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