MB Shipbrokers Bulk Chartering A/S — Credit Rating and Financial Key Figures

CVR number: 37371475
Midtermolen 1, 2100 København Ø

Company information

Official name
MB Shipbrokers Bulk Chartering A/S
Personnel
10 persons
Established
2016
Company form
Limited company
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales29.38104.33129.36109.72224.24
Gross profit16.2069.6588.4482.55192.14
EBIT-6.30-6.59-2.131.4559.04
Net earnings-4.73-4.82-8.81-1.7853.26
Shareholders equity total-7.32-12.21-5.07-8.0745.47
Balance sheet total (assets)28.2688.14112.0477.06148.71
Net debt27.0849.4150.4435.24-55.91
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)-5.72-4.090.583.7851.13
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 ratio1.81.10.91.01.5
Current ratio1.81.10.91.01.5
Cash and cash equivalents4.4129.3047.4229.3976.77
Capital use efficiency
Trade debtors turnover (days)87.196.490.284.084.2
Net working capital %35.8 %8.0 %-12.5 %1.3 %19.5 %
Credit risk
Credit ratingBBBBBBABBBA

Variable visualization

ROA:55.1%
Rating: 97/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.6%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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