MOL Chemical Tankers Europe A/S — Credit Rating and Financial Key Figures

CVR number: 17952072
Tuborg Havnevej 15, 2900 Hellerup

Credit rating

Company information

Official name
MOL Chemical Tankers Europe A/S
Personnel
35 persons
Established
1994
Company form
Limited company
Industry

About MOL Chemical Tankers Europe A/S

MOL Chemical Tankers Europe A/S (CVR number: 17952072K) is a company from GENTOFTE. The company reported a net sales of 10 mUSD in 2022, demonstrating a decline of -12.7 % compared to the previous year. The operating profit percentage was at 4.8 % (EBIT: 0.5 mUSD), while net earnings were 897 kUSD. The profitability of the company measured by Return on Assets (ROA) was 32.3 %, which can be considered excellent and Return on Equity (ROE) was 59.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.9 %, 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. MOL Chemical Tankers Europe A/S's liquidity measured by quick ratio was 1.4 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 (kUSD)

EBIT (kUSD)

Profitability

Solidity

Key figures (kUSD)

See financials
2019
2020
2021
2022
Volume
Net sales175 843.00103 440.0011 471.0010 019.00
Gross profit91 300.0061 148.009 838.008 793.00
EBIT-4 537.0038 691.00670.00476.00
Net earnings-12 457.005 080.00403.00897.00
Shareholders equity total13 509.002 592.001 379.001 629.00
Balance sheet total (assets)150 814.006 702.003 320.004 192.00
Net debt-4 816.00-3 944.00- 711.00-1 781.00
Profitability
EBIT-%-2.6 %37.4 %5.8 %4.8 %
ROA-2.7 %49.7 %17.3 %32.3 %
ROE-92.2 %63.1 %20.3 %59.6 %
ROI-3.9 %71.5 %30.0 %62.8 %
Economic value added (EVA)-4 521.0338 786.03552.70424.56
Solvency
Equity ratio9.0 %38.7 %41.5 %38.9 %
Gearing14.8 %
Relative net indebtedness %74.2 %0.2 %10.7 %7.8 %
Liquidity
Quick ratio0.61.71.31.4
Current ratio0.71.71.31.4
Cash and cash equivalents6 816.003 944.00711.001 781.00
Capital use efficiency
Trade debtors turnover (days)24.70.91.63.2
Net working capital %-7.1 %1.9 %3.2 %9.0 %
Credit risk
Credit ratingABBBBBBBBB

Variable visualization

ROA:32.3%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.9%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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