Maersk Trade Finance A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Maersk Trade Finance A/S
Maersk Trade Finance A/S (CVR number: 32345808) is a company from KØBENHAVN. The company recorded a gross profit of 938 kUSD in 2023. The operating profit was 938 kUSD, while net earnings were 2424 kUSD. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent but Return on Equity (ROE) was 9.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 22 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Maersk Trade Finance A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kUSD)
EBIT (kUSD)
Profitability
Solidity
Key figures (kUSD)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 7 092.00 | 4 220.00 | 695.00 | ||
Gross profit | -10 813.00 | -13 980.00 | 1 472.00 | 403.00 | 938.00 |
EBIT | -10 813.00 | -13 980.00 | 1 472.00 | 403.00 | 938.00 |
Net earnings | -12 645.00 | -14 200.00 | 644.00 | 2 051.00 | 2 424.00 |
Shareholders equity total | -2 847.00 | 39 953.00 | 40 597.00 | 42 648.00 | 10 072.00 |
Balance sheet total (assets) | 188 371.00 | 42 083.00 | 41 019.00 | 43 142.00 | 45 738.00 |
Net debt | 183 779.00 | 889.00 | |||
Profitability | |||||
EBIT-% | -152.5 % | -331.3 % | 211.8 % | ||
ROA | -6.0 % | -11.9 % | 3.5 % | 4.9 % | 7.1 % |
ROE | -12.8 % | -12.4 % | 1.6 % | 4.9 % | 9.2 % |
ROI | -6.1 % | -12.2 % | 3.6 % | 4.9 % | 12.0 % |
Economic value added (EVA) | -9 582.16 | -11 787.90 | - 958.75 | -1 605.54 | -3 105.42 |
Solvency | |||||
Equity ratio | -1.5 % | 94.9 % | 99.0 % | 98.9 % | 22.0 % |
Gearing | -6570.8 % | 2.2 % | |||
Relative net indebtedness % | 2649.8 % | 50.5 % | 60.7 % | ||
Liquidity | |||||
Quick ratio | 1.0 | 19.7 | 97.0 | 87.3 | 1.3 |
Current ratio | 1.0 | 19.7 | 97.0 | 87.3 | 1.3 |
Cash and cash equivalents | 3 293.00 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -41.2 % | 945.0 % | 5830.5 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
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