MIFCO SHIPPING ApS — Credit Rating and Financial Key Figures

CVR number: 29426090
Islands Brygge 30 B, 2300 København S
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Company information

Official name
MIFCO SHIPPING ApS
Established
2006
Company form
Private limited company
Industry

About MIFCO SHIPPING ApS

MIFCO SHIPPING ApS (CVR number: 29426090) is a company from KØBENHAVN. The company recorded a gross profit of -19.3 kDKK in 2024. The operating profit was -19.3 kDKK, while net earnings were 68.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent but Return on Equity (ROE) was 3.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MIFCO SHIPPING ApS's liquidity measured by quick ratio was 120.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-14.76-20.25-19.52-18.74-19.27
EBIT-14.76-20.25-19.52-18.74-19.27
Net earnings172.42739.14- 455.80100.2468.27
Shareholders equity total1 448.552 131.191 618.181 718.431 786.69
Balance sheet total (assets)3 052.773 731.363 234.351 734.081 801.69
Net debt-1 346.17-2 031.12-1 514.64-1 617.98-1 735.69
Profitability
EBIT-%
ROA7.6 %23.3 %1.7 %4.5 %6.4 %
ROE12.4 %41.3 %-24.3 %6.0 %3.9 %
ROI7.6 %23.4 %1.7 %4.6 %6.4 %
Economic value added (EVA)- 161.51- 173.15- 206.30- 180.44-98.07
Solvency
Equity ratio47.5 %57.1 %50.0 %99.1 %99.2 %
Gearing110.0 %74.4 %98.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.92.32.0110.8120.1
Current ratio1.92.32.0110.8120.1
Cash and cash equivalents2 939.823 616.283 115.081 617.981 735.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:6.35%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.2%
Rating: 87/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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