M.K. SHIPPING ApS — Credit Rating and Financial Key Figures

CVR number: 27929346
Kildeåsen 14, Gl Holte 2840 Holte
mail@mkshipping.dk
tel: 45505490

Company information

Official name
M.K. SHIPPING ApS
Personnel
6 persons
Established
2004
Domicile
Gl Holte
Company form
Private limited company
Industry

About M.K. SHIPPING ApS

M.K. SHIPPING ApS (CVR number: 27929346) is a company from RUDERSDAL. The company reported a net sales of 13 mDKK in 2024, demonstrating a growth of 13.8 % compared to the previous year. The operating profit percentage was at 15.4 % (EBIT: 2 mDKK), while net earnings were 1667.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.4 %, which can be considered excellent and Return on Equity (ROE) was 39.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. M.K. SHIPPING ApS's liquidity measured by quick ratio was 1.9 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales7 898.5511 335.8212 919.4211 446.3813 022.21
Gross profit5 943.599 148.2610 206.849 560.2011 013.81
EBIT2 175.474 260.845 266.054 159.302 011.26
Net earnings1 459.013 447.744 904.203 201.811 667.58
Shareholders equity total2 378.834 326.576 230.774 932.583 600.16
Balance sheet total (assets)5 311.367 878.018 717.227 908.986 793.88
Net debt-3 510.70-5 548.10-7 423.79-6 231.14-3 834.99
Profitability
EBIT-%27.5 %37.6 %40.8 %36.3 %15.4 %
ROA38.1 %69.1 %76.2 %54.6 %33.4 %
ROE53.1 %102.8 %92.9 %57.4 %39.1 %
ROI49.8 %91.8 %98.2 %71.7 %42.4 %
Economic value added (EVA)1 405.073 094.273 795.662 833.581 225.07
Solvency
Equity ratio44.8 %54.9 %71.5 %62.4 %53.0 %
Gearing56.4 %37.7 %8.8 %18.3 %58.6 %
Relative net indebtedness %-24.3 %-32.0 %-42.6 %-36.5 %-21.3 %
Liquidity
Quick ratio1.82.13.32.51.9
Current ratio1.82.13.32.51.9
Cash and cash equivalents4 853.257 180.917 969.737 135.305 946.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %27.8 %34.1 %43.6 %38.1 %21.7 %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:33.4%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.0%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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