KIRK SHIPPING A/S

CVR number: 31851998
Havneøen 1, 7100 Vejle

Credit rating

Company information

Official name
KIRK SHIPPING A/S
Established
2008
Company form
Limited company
Industry
  • Expand more icon77Rental and leasing activities

About KIRK SHIPPING A/S

KIRK SHIPPING A/S (CVR number: 31851998) is a company from VEJLE. The company recorded a gross profit of -9 kUSD in 2023. The operating profit was -9 kUSD, while net earnings were 9 kUSD. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 57.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KIRK SHIPPING A/S's liquidity measured by quick ratio was 1.4 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 financials

Gross profit (kUSD)

EBIT (kUSD)

Profitability

Solidity

Key figures (kUSD)

See financials
20192020202120222023
Volume
Net sales
Gross profit-22.00-19.00-10.00-9.00-9.00
EBIT-22.00-19.00-10.00-9.00-9.00
Net earnings-97.002.00-29.00879.009.00
Shareholders equity total390.00392.00363.001 242.001 251.00
Balance sheet total (assets)1 541.001 354.001 311.002 166.002 169.00
Net debt1 129.00938.00947.00908.00915.00
Profitability
EBIT-%
ROA-4.8 %1.0 %-2.9 %50.3 %2.4 %
ROE-6.2 %0.5 %-7.7 %109.5 %0.7 %
ROI-4.8 %1.0 %-2.9 %50.4 %2.4 %
Economic value added (EVA)-39.9726.4621.8421.90-26.03
Solvency
Equity ratio25.3 %29.0 %27.7 %57.3 %57.7 %
Gearing292.6 %242.3 %260.9 %74.2 %73.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.40.41.41.4
Current ratio0.30.40.41.41.4
Cash and cash equivalents12.0012.0014.002.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:2.35%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.7%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

Build time: 2024-10-21T13:51:26.142Z

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