Musashi Shipping ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Musashi Shipping ApS
Musashi Shipping ApS (CVR number: 36889969) is a company from SVENDBORG. The company recorded a gross profit of 1.6 kDKK in 2020. The operating profit was -10.9 kDKK, while net earnings were 2.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak but Return on Equity (ROE) was 40.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.7 %, 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. Musashi Shipping ApS's liquidity measured by quick ratio was 1.3 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 financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 907.98 | ||||
Gross profit | 508.97 | 620.36 | 964.36 | 535.87 | 1.63 |
EBIT | 8.71 | 21.74 | 355.99 | - 193.94 | -10.94 |
Net earnings | 11.00 | 0.86 | 278.28 | - 218.91 | 2.33 |
Shareholders equity total | -55.70 | -54.83 | 223.45 | 4.53 | 6.86 |
Balance sheet total (assets) | 62.50 | 43.77 | 423.14 | 161.56 | 31.55 |
Net debt | 20.75 | 57.18 | 60.99 | 24.34 | 9.86 |
Profitability | |||||
EBIT-% | 1.0 % | ||||
ROA | 11.3 % | 20.1 % | 136.9 % | -66.3 % | 2.5 % |
ROE | 17.6 % | 1.6 % | 208.3 % | -192.0 % | 40.8 % |
ROI | 20.6 % | 33.5 % | 200.0 % | -120.8 % | 8.1 % |
Economic value added (EVA) | 8.71 | 26.77 | 285.32 | - 204.79 | -11.16 |
Solvency | |||||
Equity ratio | -47.1 % | -55.6 % | 52.8 % | 2.8 % | 21.7 % |
Gearing | -116.7 % | -118.5 % | 30.7 % | 541.4 % | 357.8 % |
Relative net indebtedness % | 8.1 % | ||||
Liquidity | |||||
Quick ratio | 0.5 | 0.4 | 2.1 | 1.0 | 1.3 |
Current ratio | 0.5 | 0.4 | 2.1 | 1.0 | 1.3 |
Cash and cash equivalents | 44.25 | 7.82 | 7.53 | 0.20 | 14.69 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 2.8 | ||||
Net working capital % | -6.1 % | ||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | BB |
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