API MARINE ApS — Credit Rating and Financial Key Figures

CVR number: 26992435
Troensevej 12, 9220 Aalborg Øst
finance@api-marine.dk

Company information

Official name
API MARINE ApS
Personnel
16 persons
Established
2004
Company form
Private limited company
Industry

About API MARINE ApS

API MARINE ApS (CVR number: 26992435) is a company from AALBORG. The company recorded a gross profit of 12.6 mDKK in 2024. The operating profit was 3601.8 kDKK, while net earnings were 2636.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.9 %, which can be considered excellent and Return on Equity (ROE) was 32.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48 %, 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. API MARINE ApS's liquidity measured by quick ratio was 2.1 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 profit8 182.007 219.6410 114.349 497.8212 609.19
EBIT558.00-93.622 021.75963.753 601.79
Net earnings209.0022.114 892.30547.772 636.13
Shareholders equity total3 070.003 091.827 984.128 531.887 668.02
Balance sheet total (assets)19 586.0019 732.5522 830.1922 821.7918 064.35
Net debt8 032.003 994.242 415.274 321.35984.70
Profitability
EBIT-%
ROA2.9 %0.7 %30.1 %4.3 %17.9 %
ROE7.0 %0.7 %88.3 %6.6 %32.5 %
ROI3.7 %0.9 %38.5 %5.6 %23.4 %
Economic value added (EVA)- 265.14- 801.921 031.3078.052 050.82
Solvency
Equity ratio26.2 %27.4 %37.0 %41.3 %48.0 %
Gearing364.2 %237.5 %55.4 %63.6 %26.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.92.22.02.82.1
Current ratio2.82.82.82.92.5
Cash and cash equivalents3 150.003 349.192 004.391 101.561 045.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:17.9%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.0%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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