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

CVR number: 37992178
Strandvejen 100, 2900 Hellerup
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Credit rating

Company information

Official name
Fortuna Seaside Bulk Carriers A/S
Personnel
6 persons
Established
2016
Company form
Limited company
Industry

About Fortuna Seaside Bulk Carriers A/S

Fortuna Seaside Bulk Carriers A/S (CVR number: 37992178) is a company from GENTOFTE. The company recorded a gross profit of 768.8 kUSD in 2024. The operating profit was -925.7 kUSD, while net earnings were -724.1 kUSD. The profitability of the company measured by Return on Assets (ROA) was -16 %, which can be considered poor and Return on Equity (ROE) was -15.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Fortuna Seaside Bulk Carriers A/S's liquidity measured by quick ratio was 28.7 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 profit428.897 976.001 835.001 476.05768.83
EBIT4 572.006 694.00133.00- 265.75- 925.71
Net earnings4 486.005 177.00417.00201.56- 724.07
Shareholders equity total6 628.0010 177.005 417.005 218.414 294.34
Balance sheet total (assets)9 404.0013 328.007 401.006 243.794 441.58
Net debt- 459.06-5 138.02-3 847.21
Profitability
EBIT-%
ROA62.3 %58.9 %1.3 %4.4 %-16.0 %
ROE102.3 %61.6 %5.3 %3.8 %-15.2 %
ROI70.2 %63.4 %1.3 %4.8 %-17.9 %
Economic value added (EVA)4 471.386 521.85- 378.39- 477.70- 986.25
Solvency
Equity ratio48.7 %100.0 %100.0 %85.4 %96.7 %
Gearing19.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.66.428.7
Current ratio1.65.828.7
Cash and cash equivalents1 742.905 138.023 847.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-16.0%
Rating: 4/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.7%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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