CLIPPER PROJECTS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CLIPPER PROJECTS A/S
CLIPPER PROJECTS A/S (CVR number: 21551244) is a company from KØBENHAVN. The company recorded a gross profit of -3 kUSD in 2022. The operating profit was -3 kUSD, while net earnings were -627 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 -8.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -43.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. CLIPPER PROJECTS A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kUSD)
EBIT (kUSD)
Profitability
Solidity
Key figures (kUSD)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 489.00 | -2.00 | -2.00 | 1.00 | -3.00 |
EBIT | 489.00 | -2.00 | -2.00 | 1.00 | -3.00 |
Net earnings | 81.00 | - 348.00 | -1 226.00 | -2.00 | - 627.00 |
Shareholders equity total | -3 232.00 | -3 580.00 | -4 806.00 | -4 808.00 | -5 435.00 |
Balance sheet total (assets) | 6 065.00 | 6 064.00 | 7 007.00 | 7 007.00 | 7 007.00 |
Net debt | 8 570.00 | 8 919.00 | 9 151.00 | 9 151.00 | 9 776.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.5 % | -0.0 % | -18.1 % | -0.0 % | -0.0 % |
ROE | 1.2 % | -5.7 % | -18.8 % | -0.0 % | -8.9 % |
ROI | 5.5 % | -0.0 % | -18.1 % | -0.0 % | -0.0 % |
Economic value added (EVA) | 640.99 | 160.41 | 178.47 | 242.50 | 238.60 |
Solvency | |||||
Equity ratio | -34.8 % | -37.1 % | -40.7 % | -40.7 % | -43.7 % |
Gearing | -265.2 % | -249.1 % | -190.4 % | -190.3 % | -179.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.7 | 0.8 | 0.8 | 0.7 |
Current ratio | 0.7 | 0.7 | 0.8 | 0.8 | 0.7 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BBB |
Variable visualization
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