DOCKSHIP III ApS is a Danish APS based in Korsør, operating in the Sea and coastal freight water transport sector. Incorporated in 2007, the company reported a gross profit of -DKK 170.1k in its latest annual filing.
| Gross profit | -0.2M DKK | -97% |
| EBITDA | -1M DKK | +92% |
| Net profit | -1M DKK | -101% |
| Total assets | 0.4M DKK | -90% |
| Equity | -6.9M DKK | -17% |
| Employees | — | — |
In its most recent annual report (2018), DOCKSHIP III ApS reported a gross profit of -DKK 170.1k. The figures on this page draw on 5 annual filings covering 2014 to 2018. The bottom line showed a net loss of DKK 1.0m.
At the end of 2018, current assets covered short-term debt 0.1 times.
| Item | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|
| Gross profit | -170 | -5,532 | 14,603 | 14,782 | 33,858 |
| Staff expenses | -841 | -7,894 | -8,437 | -8,438 | -7,753 |
| EBITDA | -1,011 | -13,426 | 6,166 | 6,344 | 26,105 |
| Depreciation & amort. | -0 | -95,076 | -51,757 | -79,559 | -19,681 |
| EBIT | -1,011 | -108,502 | -45,591 | -73,215 | 6,424 |
| Net financials | 10 | 181,119 | -7,837 | -9,148 | -7,557 |
| Profit before tax | -1,001 | 72,617 | -53,429 | -82,362 | -1,133 |
| Tax | -0 | -0 | -0 | 32 | 33 |
| Net profit | -1,001 | 72,617 | -53,429 | -82,394 | -1,166 |
| Item | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|
| Total assets | 397 | 4,121 | 216,408 | 271,479 | 368,979 |
| Equity | -6,931 | -5,930 | -79,996 | -31,430 | 45,984 |
| Long-term debt | 0 | 0 | 94,884 | 116,321 | 152,799 |
| Short-term debt | 7,328 | 10,051 | 201,520 | 186,588 | 170,195 |
| Total debt | 7,328 | 10,051 | 296,404 | 302,909 | 322,994 |
28 financial ratios from the latest filing, each graded against companies in the same industry.
Net profit as a percentage of total assets — the return generated on the capital employed.
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA relative to debt — how much operating earnings are available to service the debt.
The ability to pay the interest on the company's debt out of its earnings.
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
The size of this year's increase or decrease in the company's debt.
Revenue relative to total assets — the ability to generate revenue from the asset base.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
The size of this year's increase or decrease in the company's equity.
| Name | Role | Member since |
|---|
AF Management | Management | 2007 – 2017 |
HE Liquidator | Liquidator | 2019 – 2020 |
FJ Management | Management | 2017 – 2019 |
PF Management | Management | 2007 – 2017 |
VC Management | Management | 2007 – 2007 |
| Name | Role | Member since |
|---|
AF Board of Directors | Board of Directors | 2007 – 2017 |
FJ Chairman | Chairman | 2007 – 2017 |
PF Chairman | Chairman | 2017 – 2019 |
PH Board of Directors | Board of Directors | 2007 – 2019 |
MH Board of Directors | Board of Directors | 2007 – 2019 |
| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2007 |
| Person | Role here | Other companies |
|---|---|---|
| Victor Christoffersen | Management | 206 companiesMany roles |
| Anders Finn Poulsen | Management | 16 companiesMany roles |
| Finn Johannes Poulsen | Management | 7 companiesMany roles |
| Peter Finn Poulsen | Management | 6 companiesMany roles |