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: 24247791) is a company from KØBENHAVN. The company reported a net sales of 179.5 mDKK in 2023, demonstrating a decline of -23.6 % compared to the previous year. The operating profit percentage was at 19.5 % (EBIT: 35 mDKK), while net earnings were 68.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 19.2 %, which can be considered excellent and Return on Equity (ROE) was 33.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.8 %, 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 1.1 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 financials2022 | 2023 | |
---|---|---|
Volume | ||
Net sales | 234 966.00 | 179 453.00 |
Gross profit | 201 737.00 | 153 260.00 |
EBIT | 4 709.00 | 35 038.00 |
Net earnings | 118 291.00 | 68 719.00 |
Shareholders equity total | 208 236.00 | 205 305.00 |
Balance sheet total (assets) | 360 522.00 | 362 558.00 |
Net debt | - 127 451.00 | -96 762.00 |
Profitability | ||
EBIT-% | 2.0 % | 19.5 % |
ROA | 21.2 % | 19.2 % |
ROE | 56.8 % | 33.2 % |
ROI | 33.8 % | 29.8 % |
Economic value added (EVA) | 4 709.00 | 50 637.36 |
Solvency | ||
Equity ratio | 55.2 % | 51.8 % |
Gearing | 0.6 % | 0.4 % |
Relative net indebtedness % | 10.1 % | 33.2 % |
Liquidity | ||
Quick ratio | 1.2 | 1.1 |
Current ratio | 1.2 | 1.1 |
Cash and cash equivalents | 128 633.00 | 97 638.00 |
Capital use efficiency | ||
Trade debtors turnover (days) | 28.2 | 22.0 |
Net working capital % | 11.4 % | 8.5 % |
Credit risk | ||
Credit rating | AA | AAA |
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