MARINESHAFT HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MARINESHAFT HOLDING A/S
MARINESHAFT HOLDING A/S (CVR number: 27779166K) is a company from HJØRRING. The company recorded a gross profit of 116.6 mDKK in 2023. The operating profit was 59.5 mDKK, while net earnings were 46.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 34.9 %, which can be considered excellent and Return on Equity (ROE) was 40.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MARINESHAFT HOLDING A/S's liquidity measured by quick ratio was 1.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 103 746.00 | 93 131.00 | 80 558.00 | 92 725.18 | 116 561.52 |
EBIT | 46 892.00 | 38 892.00 | 27 955.00 | 41 821.44 | 59 467.18 |
Net earnings | 35 891.00 | 30 110.00 | 21 346.00 | 32 063.45 | 46 145.54 |
Shareholders equity total | 83 200.00 | 95 461.00 | 76 690.00 | 98 753.81 | 128 899.35 |
Balance sheet total (assets) | 119 684.00 | 139 596.00 | 148 350.00 | 162 646.85 | 181 338.50 |
Net debt | 25 089.34 | 12 228.45 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 41.1 % | 30.0 % | 19.4 % | 26.9 % | 34.9 % |
ROE | 41.5 % | 33.7 % | 24.8 % | 36.6 % | 40.5 % |
ROI | 41.1 % | 30.0 % | 19.4 % | 28.7 % | 39.7 % |
Economic value added (EVA) | 42 374.27 | 34 711.20 | 23 158.08 | 28 678.22 | 39 112.21 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 60.7 % | 71.1 % |
Gearing | 38.3 % | 17.8 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.3 | |||
Current ratio | 3.7 | 4.0 | |||
Cash and cash equivalents | 12 777.28 | 10 724.84 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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