Credit rating
Company information
About Mibau Stema Shipping ApS
Mibau Stema Shipping ApS (CVR number: 26506395) is a company from AABENRAA. The company reported a net sales of 753.5 mDKK in 2023, demonstrating a decline of -7.5 % compared to the previous year. The operating profit percentage was at 12.1 % (EBIT: 91 mDKK), while net earnings were 73.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 32.8 %, which can be considered excellent and Return on Equity (ROE) was 33.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.8 %, 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. Mibau Stema Shipping ApS's liquidity measured by quick ratio was 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 504.70 | 511.58 | 587.62 | 815.04 | 753.52 |
Gross profit | 36.62 | 63.42 | 69.81 | 115.62 | 93.99 |
EBIT | 43.49 | 66.05 | 66.80 | 112.85 | 91.04 |
Net earnings | 38.51 | 56.35 | 51.51 | 89.00 | 73.69 |
Shareholders equity total | 64.34 | 120.69 | 120.05 | 209.05 | 230.59 |
Balance sheet total (assets) | 89.43 | 168.89 | 186.77 | 258.70 | 304.27 |
Net debt | -10.17 | 4.46 | 4.46 | 4.47 | 0.77 |
Profitability | |||||
EBIT-% | 8.6 % | 12.9 % | 11.4 % | 13.8 % | 12.1 % |
ROA | 59.9 % | 52.1 % | 37.6 % | 50.7 % | 32.8 % |
ROE | 85.4 % | 60.9 % | 42.8 % | 54.1 % | 33.5 % |
ROI | 93.8 % | 69.6 % | 53.0 % | 66.2 % | 40.8 % |
Economic value added (EVA) | 37.46 | 55.70 | 51.58 | 89.84 | 67.50 |
Solvency | |||||
Equity ratio | 71.9 % | 71.5 % | 64.3 % | 80.8 % | 75.8 % |
Gearing | 0.4 % | 3.7 % | 4.4 % | 3.1 % | 3.1 % |
Relative net indebtedness % | 2.5 % | 9.1 % | 11.2 % | 5.8 % | 8.9 % |
Liquidity | |||||
Quick ratio | 3.6 | 3.5 | 2.6 | 4.9 | 4.0 |
Current ratio | 3.9 | 3.6 | 2.7 | 5.1 | 4.1 |
Cash and cash equivalents | 10.41 | 0.87 | 2.05 | 6.37 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.3 | 1.2 | 1.1 | 2.9 | |
Net working capital % | 13.1 % | 23.4 % | 19.6 % | 25.2 % | 29.9 % |
Credit risk | |||||
Credit rating | BB | BBB | A | BBB | A |
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