Marine and Off-shore Engineering ApS — Credit Rating and Financial Key Figures

CVR number: 31162157
Holmsøvej 41, 9690 Fjerritslev
e-kol@mail.dk

Credit rating

Company information

Official name
Marine and Off-shore Engineering ApS
Personnel
1 person
Established
2007
Company form
Private limited company
Industry
  • Expand more icon43Specialised construction activities

About Marine and Off-shore Engineering ApS

Marine and Off-shore Engineering ApS (CVR number: 31162157) is a company from JAMMERBUGT. The company recorded a gross profit of 507.3 kDKK in 2023. The operating profit was 368.6 kDKK, while net earnings were 287.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 126.1 %, which can be considered excellent and Return on Equity (ROE) was 219 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -20.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Marine and Off-shore Engineering ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit193.06507.30
EBIT184.29368.60
Net earnings292.55287.18
Shareholders equity total- 597.42- 597.42- 597.42- 304.88-17.70
Balance sheet total (assets)192.4869.74
Net debt597.42597.42597.42417.9723.26
Profitability
EBIT-%
ROA16.8 %126.1 %
ROE152.0 %219.0 %
ROI16.8 %130.8 %
Economic value added (EVA)160.86306.53
Solvency
Equity ratio-100.0 %-100.0 %-100.0 %-61.3 %-20.2 %
Gearing-100.0 %-100.0 %-100.0 %-163.1 %-373.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.8
Current ratio0.40.8
Cash and cash equivalents79.3842.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:126.1%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-20.2%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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