CLIPPER BULK A/S — Credit Rating and Financial Key Figures

CVR number: 21289086
Sundkrogsgade 19, 2100 København Ø
tel: 49118001
www.clipper-group.com

Credit rating

Company information

Official name
CLIPPER BULK A/S
Personnel
68 persons
Established
1998
Company form
Limited company
Industry
  • Expand more icon50Water transport

About CLIPPER BULK A/S

CLIPPER BULK A/S (CVR number: 21289086) is a company from KØBENHAVN. The company recorded a gross profit of 16.7 mUSD in 2024. The operating profit was 683 kUSD, while net earnings were 2289 kUSD. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent and Return on Equity (ROE) was 7.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 78 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. CLIPPER BULK A/S's liquidity measured by quick ratio was 6.2 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 sales23 832.0025 466.00
Gross profit14 023.0016 183.0021 043.0013 762.0016 656.00
EBIT- 153.00861.001 015.00586.00683.00
Net earnings531.001 981.001 891.001 298.002 289.00
Shareholders equity total24 518.0026 499.0028 390.0029 687.0031 976.00
Balance sheet total (assets)36 313.0042 902.0046 684.0037 253.0040 998.00
Net debt3 911.003 705.004 725.00982.00863.00
Profitability
EBIT-%-0.6 %3.4 %
ROA4.4 %5.2 %6.7 %4.9 %7.3 %
ROE2.2 %7.8 %6.9 %4.5 %7.4 %
ROI4.9 %6.1 %8.5 %5.8 %8.0 %
Economic value added (EVA)-1 033.58127.64- 178.39- 693.91- 465.56
Solvency
Equity ratio67.5 %61.8 %60.8 %79.7 %78.0 %
Gearing18.5 %16.5 %18.2 %7.1 %5.6 %
Relative net indebtedness %46.9 %61.8 %
Liquidity
Quick ratio3.02.52.46.26.2
Current ratio3.02.52.46.26.2
Cash and cash equivalents618.00662.00456.001 125.00941.00
Capital use efficiency
Trade debtors turnover (days)10.7
Net working capital %66.9 %73.7 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:7.30%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.0%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member
Board member

Companies in the same industry

Build time: 2025-04-04T02:45:10.095Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.