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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

Income statement (kUSD)

2021
2022
2023
2024
2025
Fiscal period length1212121212
Net sales25 466.00
External services-9 283.00
Gross profit16 183.0021 043.0013 762.0016 656.0018 142.00
Employee benefit expenses-14 487.00-19 191.00-12 223.00-14 954.00-16 589.00
Total depreciation- 835.00- 837.00- 953.00-1 019.00- 964.00
Net income from associates1 414.00788.00
EBIT861.001 015.00586.002 097.001 377.00
Other financial income560.00969.00646.00761.0070.00
Other financial expenses- 293.00- 917.00- 974.00- 562.00- 623.00
Net income from associates (fin.)628.001 025.00838.001 414.00788.00
Pre-tax profit1 756.002 092.001 096.002 296.00824.00
Income taxes225.00- 201.00202.00-7.00179.00
Net earnings1 981.001 891.001 298.002 289.001 003.00

Assets (kUSD)

2021
2022
2023
2024
2025
Intangible rights1 619.001 239.001 355.00893.00436.00
Intangible assets total1 619.001 239.001 355.00893.00436.00
Buildings508.003 311.004 015.003 574.00
Other tangible assets3 822.003 646.00
Tangible assets total4 330.003 646.003 311.004 015.003 574.00
Holdings in group member companies324.00276.00244.0012.00
Participating interests5 569.005 569.005 569.005 569.005 569.00
Investments total5 893.005 845.005 813.005 581.005 569.00
Non-current other receivables486.00
Long term receivables total486.00
Inventories total
Current trade debtors750.00288.00269.00295.00738.00
Current amounts owed by group member comp.28 592.0034 372.0023 894.0028 103.0029 304.00
Prepayments and accrued income1 170.001 052.00
Current other receivables960.00838.001 000.00342.00
Current deferred tax assets96.00234.00
Short term receivables total30 398.0035 498.0025 163.0029 568.0031 670.00
Cash and bank deposits662.00456.001 125.00941.001 853.00
Cash and cash equivalents662.00456.001 125.00941.001 853.00
Balance sheet total (assets)42 902.0046 684.0037 253.0040 998.0043 102.00

Equity and liabilities (kUSD)

2021
2022
2023
2024
2025
Share capital35 385.0035 385.0035 385.0035 385.0035 385.00
Other reserves283.00
Retained earnings-10 867.00-8 886.00-6 996.00-5 698.00-3 409.00
Profit of the financial year1 981.001 891.001 298.002 289.001 003.00
Shareholders equity total26 499.0028 390.0029 687.0031 976.0033 262.00
Provisions1.00
Non-current leasing loans3 428.002 813.002 599.003 264.003 184.00
Non-current deferred tax liabilities685.00685.00706.00875.001 009.00
Non-current liabilities total4 113.003 498.003 305.004 139.004 193.00
Current loans from credit institutions412.00412.00507.00381.00486.00
Current trade creditors646.00473.00881.00566.00455.00
Current owed to group member3 955.004 769.001 600.001 423.002 082.00
Short-term deferred tax liabilities7.00
Other non-interest bearing current liabilities7 277.009 142.001 265.002 513.002 624.00
Current liabilities total12 290.0014 796.004 260.004 883.005 647.00
Balance sheet total (liabilities)42 902.0046 684.0037 253.0040 998.0043 102.00
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