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: 17952072) is a company from GENTOFTE. The company reported a net sales of 9.7 mUSD in 2024, demonstrating a decline of -20.1 % compared to the previous year. The operating profit percentage was at 4.4 % (EBIT: 0.4 mUSD), while net earnings were 464.7 kUSD. The profitability of the company measured by Return on Assets (ROA) was 15 %, which can be considered good but Return on Equity (ROE) was 47.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.2 %, 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 1.1 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
2020
2021
2022
2023
2024
Volume
Net sales103 427.0011 476.0010 019.0012 115.649 683.83
Gross profit61 113.005 992.008 449.008 906.907 218.23
EBIT38 010.00512.00456.00633.85429.99
Net earnings4 160.00403.00897.00562.82464.74
Shareholders equity total2 590.001 379.001 629.00991.27954.88
Balance sheet total (assets)6 071.003 098.003 985.003 518.453 641.66
Net debt-3 604.00- 440.00-1 491.00-2 411.97-2 370.09
Profitability
EBIT-%36.8 %4.5 %4.6 %5.2 %4.4 %
ROA49.9 %16.1 %32.7 %23.8 %15.0 %
ROE5.6 %20.3 %59.6 %43.0 %47.8 %
ROI71.4 %26.0 %58.4 %61.9 %48.4 %
Economic value added (EVA)36 029.71446.62406.85616.66520.39
Solvency
Equity ratio42.7 %44.5 %40.9 %28.2 %26.2 %
Gearing4.4 %2.2 %0.5 %27.8 %
Relative net indebtedness %-0.1 %10.6 %8.3 %0.9 %0.5 %
Liquidity
Quick ratio1.81.71.51.21.1
Current ratio1.81.71.51.21.1
Cash and cash equivalents3 604.00500.001 527.002 416.752 635.34
Capital use efficiency
Trade debtors turnover (days)0.91.63.2
Net working capital %2.0 %6.9 %9.9 %4.5 %4.0 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:15.0%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.2%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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