MARINE ENGINEERING ApS — Credit Rating and Financial Key Figures

MARINE ENGINEERING ApS (CVR number: 30726952) is a company from AALBORG. The company recorded a gross profit of 223.8 kDKK in 2023. The operating profit was 74.2 kDKK, while net earnings were 103.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak but Return on Equity (ROE) was 13.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 33.5 %, 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. MARINE ENGINEERING ApS's liquidity measured by quick ratio was 1.5 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.