MH Technologies ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 974.74 | 1 003.40 | 934.98 | 1 142.03 | 1 192.21 |
Gross profit | 919.83 | 962.12 | 878.41 | 1 096.97 | 1 117.01 |
EBIT | 222.58 | 260.03 | 191.07 | 318.80 | 256.07 |
Net earnings | 172.29 | 198.62 | 147.11 | 248.67 | 201.46 |
Shareholders equity total | 284.45 | 481.28 | 520.39 | 656.81 | 740.47 |
Balance sheet total (assets) | 593.37 | 624.13 | 635.90 | 893.77 | 964.64 |
Net debt | - 486.18 | - 333.57 | - 289.97 | - 586.43 | - 663.78 |
Profitability | |||||
EBIT-% | 22.8 % | 25.9 % | 20.4 % | 27.9 % | 21.5 % |
ROA | 47.8 % | 42.7 % | 30.3 % | 41.7 % | 27.8 % |
ROE | 68.3 % | 51.9 % | 29.4 % | 42.2 % | 28.8 % |
ROI | 88.2 % | 67.9 % | 38.2 % | 54.2 % | 37.0 % |
Economic value added (EVA) | 177.42 | 212.96 | 141.61 | 237.09 | 196.20 |
Solvency | |||||
Equity ratio | 47.9 % | 77.1 % | 81.8 % | 73.5 % | 76.8 % |
Gearing | |||||
Relative net indebtedness % | -18.2 % | -19.0 % | -18.7 % | -30.6 % | -36.9 % |
Liquidity | |||||
Quick ratio | 1.9 | 4.4 | 5.5 | 3.8 | 4.3 |
Current ratio | 1.9 | 4.4 | 5.5 | 3.8 | 4.3 |
Cash and cash equivalents | 486.18 | 333.57 | 289.97 | 586.43 | 663.78 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 40.1 | 105.7 | 135.0 | 98.2 | 92.1 |
Net working capital % | 29.2 % | 48.0 % | 55.7 % | 57.5 % | 62.1 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
Roles
Companies in the same industry
Create your own estimates for any company
Valuation analysis
See instructions

... and more!
No registration needed.