MARINE EXHAUST TECHNOLOGY A/S — Credit Rating and Financial Key Figures

MARINE EXHAUST TECHNOLOGY A/S (CVR number: 33780532) is a company from FREDERIKSHAVN. The company recorded a gross profit of 2315.6 kDKK in 2023. The operating profit was 768.3 kDKK, while net earnings were 11.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 32.1 %, which can be considered excellent and Return on Equity (ROE) was 58.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MARINE EXHAUST TECHNOLOGY A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.