SEASIDE BULK CARRIERS ApS — Credit Rating and Financial Key Figures

CVR number: 31154480
Strandvejen 56, 2900 Hellerup
chartering@seaside.dk
tel: 56652120

Credit rating

Company information

Official name
SEASIDE BULK CARRIERS ApS
Established
2007
Company form
Private limited company
Industry
  • Expand more icon52Warehousing and support activities for transportation

About SEASIDE BULK CARRIERS ApS

SEASIDE BULK CARRIERS ApS (CVR number: 31154480) is a company from GENTOFTE. The company recorded a gross profit of 0 kDKK in 2018, demonstrating a decline of -100 % compared to the previous year. The operating profit was -28.4 kDKK, while net earnings were 471.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 139.4 %, which can be considered excellent and Return on Equity (ROE) was 154.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 95.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SEASIDE BULK CARRIERS ApS's liquidity measured by quick ratio was 22.4 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
201620172018
Volume
Net sales1 772.0012.00
Gross profit1 772.0012.00
EBIT999.00-29.00-28.41
Net earnings6 341.00-62.00471.69
Shareholders equity total841.0069.00540.88
Balance sheet total (assets)2 700.00109.00565.88
Net debt-2 672.00-97.00- 561.14
Profitability
EBIT-%56.4 %-241.7 %
ROA308.6 %-1.2 %139.4 %
ROE754.0 %-13.6 %154.7 %
ROI958.7 %-3.6 %154.0 %
Economic value added (EVA)709.2969.78-24.76
Solvency
Equity ratio31.1 %63.3 %95.6 %
Gearing
Relative net indebtedness %-47.5 %-483.3 %
Liquidity
Quick ratio1.52.522.4
Current ratio1.52.522.4
Cash and cash equivalents2 672.0097.00561.14
Capital use efficiency
Trade debtors turnover (days)1.6
Net working capital %47.9 %483.3 %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:139.4%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.6%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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