MH Technologies ApS — Credit Rating and Financial Key Figures

CVR number: 39476843
Frank Jægers Vej 34, 8600 Silkeborg
info@ekstern.dk
ekstern.dk

Credit rating

Company information

Official name
MH Technologies ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry
  • Expand more icon622000

About MH Technologies ApS

MH Technologies ApS (CVR number: 39476843) is a company from SILKEBORG. The company reported a net sales of 1.2 mDKK in 2023, demonstrating a growth of 4.4 % compared to the previous year. The operating profit percentage was at 21.5 % (EBIT: 0.3 mDKK), while net earnings were 201.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.8 %, which can be considered excellent and Return on Equity (ROE) was 28.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.8 %, 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. MH Technologies ApS's liquidity measured by quick ratio was 4.3 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales974.741 003.40934.981 142.031 192.21
Gross profit919.83962.12878.411 096.971 117.01
EBIT222.58260.03191.07318.80256.07
Net earnings172.29198.62147.11248.67201.46
Shareholders equity total284.45481.28520.39656.81740.47
Balance sheet total (assets)593.37624.13635.90893.77964.64
Net debt- 486.18- 333.57- 289.97- 586.43- 663.78
Profitability
EBIT-%22.8 %25.9 %20.4 %27.9 %21.5 %
ROA47.8 %42.7 %30.3 %41.7 %27.8 %
ROE68.3 %51.9 %29.4 %42.2 %28.8 %
ROI88.2 %67.9 %38.2 %54.2 %37.0 %
Economic value added (EVA)177.42212.96141.61237.09196.20
Solvency
Equity ratio47.9 %77.1 %81.8 %73.5 %76.8 %
Gearing
Relative net indebtedness %-18.2 %-19.0 %-18.7 %-30.6 %-36.9 %
Liquidity
Quick ratio1.94.45.53.84.3
Current ratio1.94.45.53.84.3
Cash and cash equivalents486.18333.57289.97586.43663.78
Capital use efficiency
Trade debtors turnover (days)40.1105.7135.098.292.1
Net working capital %29.2 %48.0 %55.7 %57.5 %62.1 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:27.8%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.8%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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