Aries Bulk A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Aries Bulk A/S
Aries Bulk A/S (CVR number: 44241676) is a company from KØBENHAVN. The company reported a net sales of 77.2 mUSD in 2024. The operating profit percentage was at 5.9 % (EBIT: 4.6 mUSD), while net earnings were 3797.4 kUSD. The profitability of the company measured by Return on Assets (ROA) was 38.2 %, which can be considered excellent and Return on Equity (ROE) was 43.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.9 %, 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. Aries Bulk A/S's liquidity measured by quick ratio was 3.1 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 financialsGross profit (kUSD)
EBIT (kUSD)
Profitability
Solidity
Key figures (kUSD)
See financials2024 | |
|---|---|
| Volume | |
| Net sales | 77 242.64 |
| Gross profit | 4 798.40 |
| EBIT | 4 577.02 |
| Net earnings | 3 797.37 |
| Shareholders equity total | 8 784.83 |
| Balance sheet total (assets) | 12 750.18 |
| Net debt | -6 251.51 |
| Profitability | |
| EBIT-% | 5.9 % |
| ROA | 38.2 % |
| ROE | 43.2 % |
| ROI | 54.7 % |
| Economic value added (EVA) | 3 569.14 |
| Solvency | |
| Equity ratio | 68.9 % |
| Gearing | 0.0 % |
| Relative net indebtedness % | -3.1 % |
| Liquidity | |
| Quick ratio | 3.1 |
| Current ratio | 3.1 |
| Cash and cash equivalents | 6 253.81 |
| Capital use efficiency | |
| Trade debtors turnover (days) | 10.0 |
| Net working capital % | 10.6 % |
| Credit risk | |
| Credit rating | A |
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