MARINE EL A/S — Credit Rating and Financial Key Figures

MARINE EL A/S (CVR number: 15512199) is a company from HJØRRING. The company recorded a gross profit of 11.2 mDKK in 2023. The operating profit was 2581.7 kDKK, while net earnings were 1895.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.7 %, which can be considered excellent and Return on Equity (ROE) was 59 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41.3 %, 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. MARINE EL A/S's liquidity measured by quick ratio was 1.6 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.