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

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

Company information

Official name
CLIPPER BULK A/S
Personnel
73 persons
Established
1998
Company form
Limited company
Industry

About CLIPPER BULK A/S

CLIPPER BULK A/S (CVR number: 21289086) is a company from KØBENHAVN. The company recorded a gross profit of 18.1 mUSD in 2025. The operating profit was 1377 kUSD, while net earnings were 1003 kUSD. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent but Return on Equity (ROE) was 3.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 77.2 %, 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 5.9 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
2021
2022
2023
2024
2025
Volume
Net sales25 466.00
Gross profit16 183.0021 043.0013 762.0016 656.0018 142.00
EBIT861.001 015.00586.002 097.001 377.00
Net earnings1 981.001 891.001 298.002 289.001 003.00
Shareholders equity total26 499.0028 390.0029 687.0031 976.0033 262.00
Balance sheet total (assets)42 902.0046 684.0037 253.0040 998.0043 102.00
Net debt3 705.004 725.00982.00863.00715.00
Profitability
EBIT-%3.4 %
ROA5.2 %6.7 %4.9 %10.9 %5.3 %
ROE7.8 %6.9 %4.5 %7.4 %3.1 %
ROI6.1 %8.5 %5.8 %12.0 %5.9 %
Economic value added (EVA)- 610.03- 899.48-1 412.24352.06- 883.79
Solvency
Equity ratio61.8 %60.8 %79.7 %78.0 %77.2 %
Gearing16.5 %18.2 %7.1 %5.6 %7.7 %
Relative net indebtedness %61.8 %
Liquidity
Quick ratio2.52.46.26.25.9
Current ratio2.52.46.26.25.9
Cash and cash equivalents662.00456.001 125.00941.001 853.00
Capital use efficiency
Trade debtors turnover (days)10.7
Net working capital %73.7 %
Credit risk
Credit ratingABBBBBBAA

Variable visualization

ROA:5.32%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:77.2%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
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Roles

Chairman of the board
Board member

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