MB Shipbrokers K/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MB Shipbrokers K/S
MB Shipbrokers K/S (CVR number: 24247791K) is a company from KØBENHAVN. The company reported a net sales of 539.6 mDKK in 2023, demonstrating a decline of -23.9 % compared to the previous year. The operating profit percentage was at 15.2 % (EBIT: 81.8 mDKK), while net earnings were 69.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16.6 %, which can be considered excellent and Return on Equity (ROE) was 33.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41.6 %, 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. MB Shipbrokers K/S's liquidity measured by quick ratio was 1.6 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 | 394.40 | 345.14 | 620.84 | 708.61 | 539.55 |
Gross profit | 394.40 | 345.14 | 620.84 | 612.44 | 448.51 |
EBIT | 394.40 | 345.14 | 620.84 | 143.55 | 81.81 |
Net earnings | 131.03 | 69.53 | |||
Shareholders equity total | 320.42 | 106.28 | 202.94 | 220.91 | 205.48 |
Balance sheet total (assets) | 575.90 | 493.14 | |||
Net debt | - 403.52 | - 353.22 | |||
Profitability | |||||
EBIT-% | 100.0 % | 100.0 % | 100.0 % | 20.3 % | 15.2 % |
ROA | 163.8 % | 27.1 % | 16.6 % | ||
ROE | 31.9 % | 33.6 % | |||
ROI | 163.8 % | 70.4 % | 41.4 % | ||
Economic value added (EVA) | 379.77 | 329.04 | 615.50 | 110.68 | 76.80 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 38.3 % | 41.6 % |
Gearing | |||||
Relative net indebtedness % | -6.8 % | -12.2 % | |||
Liquidity | |||||
Quick ratio | 1.5 | 1.6 | |||
Current ratio | 1.5 | 1.6 | |||
Cash and cash equivalents | 403.52 | 353.22 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 43.9 | 43.8 | |||
Net working capital % | 24.9 % | 30.9 % | |||
Credit risk | |||||
Credit rating | B | B | B | A | A |
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