Credit rating
Company information
About the company
A.P. MØLLER HOLDING A/S (CVR number: 25679288K) is a company from KØBENHAVN. The company reported a net sales of 388950 mDKK in 2023, demonstrating a decline of -36.4 % compared to the previous year. The operating profit percentage was at 8.7 % (EBIT: 33771 mDKK), while net earnings were 35425 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent but Return on Equity (ROE) was 12.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 68.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. A.P. MØLLER HOLDING A/S's liquidity measured by quick ratio was 2.6 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 (bDKK)
EBIT (bDKK)
Profitability
Solidity
Key figures (bDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 275.03 | 276.96 | 408.03 | 611.21 | 388.95 |
Gross profit | 46.73 | 57.38 | 155.41 | 266.96 | 71.92 |
EBIT | 15.19 | 19.12 | 128.55 | 216.86 | 33.77 |
Net earnings | 6.58 | 9.99 | 118.98 | 203.81 | 35.43 |
Shareholders equity total | 262.94 | 249.20 | 374.79 | 541.39 | 503.89 |
Balance sheet total (assets) | 462.22 | 421.82 | 579.05 | 790.32 | 740.21 |
Net debt | 30.90 | 7.58 | -39.55 | -26.65 | -31.77 |
Profitability | |||||
EBIT-% | 5.5 % | 6.9 % | 31.5 % | 35.5 % | 8.7 % |
ROA | 4.5 % | 5.9 % | 26.9 % | 33.2 % | 7.4 % |
ROE | 5.1 % | 7.6 % | 75.2 % | 88.8 % | 12.8 % |
ROI | 5.2 % | 6.9 % | 30.8 % | 37.7 % | 8.4 % |
Economic value added (EVA) | 4.52 | 10.03 | 119.87 | 196.49 | 7.95 |
Solvency | |||||
Equity ratio | 56.9 % | 59.1 % | 64.7 % | 68.5 % | 68.1 % |
Gearing | 27.6 % | 22.2 % | 13.9 % | 11.2 % | 12.9 % |
Relative net indebtedness % | 57.3 % | 45.1 % | 27.6 % | 26.5 % | 35.9 % |
Liquidity | |||||
Quick ratio | 1.1 | 1.3 | 2.0 | 2.7 | 2.6 |
Current ratio | 1.3 | 1.4 | 2.2 | 2.8 | 2.7 |
Cash and cash equivalents | 41.56 | 47.75 | 91.58 | 87.04 | 96.74 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 35.4 | 31.9 | 34.7 | 31.8 | 36.5 |
Net working capital % | 5.3 % | 6.9 % | 22.5 % | 29.6 % | 31.5 % |
Credit risk | |||||
Credit rating | A | A | A | A | AA |
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