M.K. SHIPPING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 7 898.55 | 11 335.82 | 12 919.42 | 11 446.38 | 13 022.21 |
Gross profit | 5 943.59 | 9 148.26 | 10 206.84 | 9 560.20 | 11 013.81 |
EBIT | 2 175.47 | 4 260.84 | 5 266.05 | 4 159.30 | 2 011.26 |
Net earnings | 1 459.01 | 3 447.74 | 4 904.20 | 3 201.81 | 1 667.58 |
Shareholders equity total | 2 378.83 | 4 326.57 | 6 230.77 | 4 932.58 | 3 600.16 |
Balance sheet total (assets) | 5 311.36 | 7 878.01 | 8 717.22 | 7 908.98 | 6 793.88 |
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 % |
ROA | 38.1 % | 69.1 % | 76.2 % | 54.6 % | 33.4 % |
ROE | 53.1 % | 102.8 % | 92.9 % | 57.4 % | 39.1 % |
ROI | 49.8 % | 91.8 % | 98.2 % | 71.7 % | 42.4 % |
Economic value added (EVA) | 1 405.07 | 3 094.27 | 3 795.66 | 2 833.58 | 1 225.07 |
Solvency | |||||
Equity ratio | 44.8 % | 54.9 % | 71.5 % | 62.4 % | 53.0 % |
Gearing | 56.4 % | 37.7 % | 8.8 % | 18.3 % | 58.6 % |
Relative net indebtedness % | -24.3 % | -32.0 % | -42.6 % | -36.5 % | -21.3 % |
Liquidity | |||||
Quick ratio | 1.8 | 2.1 | 3.3 | 2.5 | 1.9 |
Current ratio | 1.8 | 2.1 | 3.3 | 2.5 | 1.9 |
Cash and cash equivalents | 4 853.25 | 7 180.91 | 7 969.73 | 7 135.30 | 5 946.11 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 27.8 % | 34.1 % | 43.6 % | 38.1 % | 21.7 % |
Credit risk | |||||
Credit rating | A | A | BBB | A | A |
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