MST Marine A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MST Marine A/S
MST Marine A/S (CVR number: 36684615) is a company from HELSINGØR. The company recorded a gross profit of 1436.8 kDKK in 2024. The operating profit was -264 kDKK, while net earnings were -306.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.6 %, which can be considered poor and Return on Equity (ROE) was -78.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.3 %, 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. MST Marine A/S's liquidity measured by quick ratio was 2.4 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 859.00 | 1 574.00 | 1 617.00 | 469.65 | 1 436.79 |
EBIT | 355.00 | 65.00 | 388.00 | - 260.71 | - 264.05 |
Net earnings | 292.00 | 36.00 | 234.00 | - 212.80 | - 306.16 |
Shareholders equity total | 485.00 | 521.00 | 755.00 | 541.77 | 235.61 |
Balance sheet total (assets) | 2 190.00 | 1 983.00 | 1 926.00 | 1 844.97 | 2 259.32 |
Net debt | - 114.00 | -80.00 | - 172.00 | 424.49 | - 442.45 |
Profitability | |||||
EBIT-% | |||||
ROA | 18.2 % | 3.5 % | 20.6 % | -13.8 % | -12.6 % |
ROE | 86.1 % | 7.2 % | 36.7 % | -32.8 % | -78.8 % |
ROI | 59.6 % | 8.2 % | 40.4 % | -24.7 % | -43.0 % |
Economic value added (EVA) | 305.38 | 25.42 | 269.56 | - 241.86 | - 307.66 |
Solvency | |||||
Equity ratio | 24.2 % | 30.0 % | 41.7 % | 31.6 % | 23.3 % |
Gearing | 78.4 % | 0.1 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.0 | 0.9 | 0.5 | 2.4 |
Current ratio | 1.6 | 1.7 | 2.6 | 1.9 | 1.3 |
Cash and cash equivalents | 114.00 | 80.00 | 172.00 | 442.73 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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