FACTS - EQUIPMENT SUPPLIERS, SHIPYARDS ETC. THE PROFIT RATIO The profit ratio shows, how big a part of the net turnover that turns into profit, when all costs except the financial costs are subtracted. It has been calculated as the profit from operations divided by the net turnover multiplied by 100. A profit ratio of for example 4.8 per cent shows that 4.8 per cent of the net turnover is left, when all costs except the financial costs are subtracted. You can only calculate the profit ratio for the 14 companies that make their net turnover public. Seven out of the 14 companies have in 2015 had a larger profit ratio then the year before, while the other seven have had a smaller profit ratio. Odense Maritime Technology has for example had a decreasing profit ratio, although the company has had a fine growth in the profit from operations.
THE SOLVENCY RATIO The solvency ratio, which is also called the equity ratio, shows, how big a part of the total volume of assets that is financed by the equity. This key figure has been calculated as the equity divided by the balance sheet total multiplied by 100. Nine companies could here see an improvement, while 11 companies in 2015 had a lower solvency ratio than the year before.
THE GEARING In this analysis, the gearing is included, and it has here been calculated as the total debt divided by the equity, which shows the ratio of debt to equity. The key figure shows, how many times the debt is bigger than the equity. 11 companies had in 2015 a higher gearing than the year before, while eight companies had a smaller gearing. One company did have an unchanged gearing compared to the year before.
THE RATE OF RETURN The rate of return has been calculated as the profit from operations divided by the total volume of assets on average multiplied by 100. This key figure tells, how big a profit the company is able to generate when taken into comparison how much money is tied up in assets. Or in other words it shows the companyâ€™s ability to pay interest on the total volume of assets. In 2015, 10 maritime industrial companies have had a bigger rate of return than in 2014, while 10 companies on the contrary have had a lower rate of return.
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