Coral Tankers ApS — Credit Rating and Financial Key Figures

Coral Tankers ApS (CVR number: 39164353K) is a company from KØBENHAVN. The company reported a net sales of 39.3 mEUR in 2018. The operating profit percentage was at 43.6 % (EBIT: 17.1 mEUR), while net earnings were 483 kEUR. The profitability of the company measured by Return on Assets (ROA) was 46.8 %, which can be considered excellent and Return on Equity (ROE) was 98.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 1.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Coral Tankers ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.