Maersk Air Cargo A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Maersk Air Cargo A/S
Maersk Air Cargo A/S (CVR number: 40854126) is a company from KØBENHAVN. The company reported a net sales of 201.9 mUSD in 2023, demonstrating a growth of 21 % compared to the previous year. The operating profit percentage was poor at -15.2 % (EBIT: -30.6 mUSD), while net earnings were -29.7 mUSD. The profitability of the company measured by Return on Assets (ROA) was -10.3 %, which can be considered poor and Return on Equity (ROE) was -33 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.1 %, 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. Maersk Air Cargo A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mUSD)
EBIT (mUSD)
Profitability
Solidity
Key figures (mUSD)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 146.97 | 162.39 | 170.81 | 166.92 | 201.94 |
Gross profit | 146.97 | 162.39 | 170.81 | 76.77 | 38.63 |
EBIT | 146.97 | 162.39 | 170.81 | 20.74 | -30.65 |
Net earnings | 26.07 | 25.21 | 26.91 | 9.15 | -29.73 |
Shareholders equity total | 161.63 | 160.84 | 162.75 | 109.35 | 70.62 |
Balance sheet total (assets) | 303.31 | 299.20 | 321.03 | 240.04 | 350.82 |
Net debt | -0.01 | 91.53 | |||
Profitability | |||||
EBIT-% | 100.0 % | 100.0 % | 100.0 % | 12.4 % | -15.2 % |
ROA | 57.9 % | 53.9 % | 55.1 % | 7.4 % | -10.3 % |
ROE | 17.2 % | 15.6 % | 16.6 % | 6.7 % | -33.0 % |
ROI | 57.9 % | 53.9 % | 55.1 % | 7.8 % | -11.7 % |
Economic value added (EVA) | 139.86 | 154.27 | 170.81 | 6.55 | -29.50 |
Solvency | |||||
Equity ratio | 91.6 % | 89.3 % | 91.3 % | 45.6 % | 20.1 % |
Gearing | 129.6 % | ||||
Relative net indebtedness % | 69.7 % | 129.4 % | |||
Liquidity | |||||
Quick ratio | 1.3 | 0.6 | |||
Current ratio | 1.7 | 0.7 | |||
Cash and cash equivalents | 0.01 | 0.01 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 48.5 | 31.3 | |||
Net working capital % | 0.0 % | 13.1 % | -16.2 % | ||
Credit risk | |||||
Credit rating | A | BBB | AAA | A |
Variable visualization
Roles
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.