MB Shipbrokers Bulk Chartering A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MB Shipbrokers Bulk Chartering A/S
MB Shipbrokers Bulk Chartering A/S (CVR number: 37371475K) is a company from KØBENHAVN. The company reported a net sales of 224.2 mDKK in 2021, demonstrating a growth of 104.4 % compared to the previous year. The operating profit percentage was at 26.3 % (EBIT: 59 mDKK), while net earnings were 53.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 55.1 %, which can be considered excellent and Return on Equity (ROE) was 86.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.6 %, 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. MB Shipbrokers Bulk Chartering A/S's liquidity measured by quick ratio was 1.5 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 29.38 | 104.33 | 129.36 | 109.72 | 224.24 |
Gross profit | 16.20 | 69.65 | 88.44 | 82.55 | 192.14 |
EBIT | -6.30 | -6.59 | -2.13 | 1.45 | 59.04 |
Net earnings | -4.73 | -4.82 | -8.81 | -1.78 | 53.26 |
Shareholders equity total | -7.32 | -12.21 | -5.07 | -8.07 | 45.47 |
Balance sheet total (assets) | 28.26 | 88.14 | 112.04 | 77.06 | 148.71 |
Net debt | 27.08 | 49.41 | 50.44 | 35.24 | -55.91 |
Profitability | |||||
EBIT-% | -21.4 % | -6.3 % | -1.6 % | 1.3 % | 26.3 % |
ROA | -10.1 % | -9.6 % | -2.7 % | 2.9 % | 55.1 % |
ROE | -16.8 % | -8.3 % | -8.8 % | -1.9 % | 86.9 % |
ROI | -11.4 % | -11.9 % | -3.3 % | 3.5 % | 95.6 % |
Economic value added (EVA) | -5.72 | -4.09 | 0.58 | 3.78 | 51.13 |
Solvency | |||||
Equity ratio | -20.6 % | -12.2 % | -4.3 % | -9.5 % | 30.6 % |
Gearing | -430.3 % | -644.3 % | -1932.0 % | -800.9 % | 45.9 % |
Relative net indebtedness % | 106.1 % | 68.1 % | 53.9 % | 50.8 % | 11.8 % |
Liquidity | |||||
Quick ratio | 1.8 | 1.1 | 0.9 | 1.0 | 1.5 |
Current ratio | 1.8 | 1.1 | 0.9 | 1.0 | 1.5 |
Cash and cash equivalents | 4.41 | 29.30 | 47.42 | 29.39 | 76.77 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 87.1 | 96.4 | 90.2 | 84.0 | 84.2 |
Net working capital % | 35.8 % | 8.0 % | -12.5 % | 1.3 % | 19.5 % |
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | A |
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