MH C Group Holding ApS — Credit Rating and Financial Key Figures

CVR number: 42231010
Kolloparken 69, 9200 Aalborg SV
mh@connecgroup.dk
tel: 25800202

Credit rating

Company information

Official name
MH C Group Holding ApS
Established
2021
Company form
Private limited company
Industry

About MH C Group Holding ApS

MH C Group Holding ApS (CVR number: 42231010) is a company from AALBORG. The company recorded a gross profit of -14 kDKK in 2023. The operating profit was -14 kDKK, while net earnings were 2093.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38 %, which can be considered excellent and Return on Equity (ROE) was 62.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.6 %, 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. MH C Group Holding 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit-17.55-12.10-13.97
EBIT-17.55-12.10-13.97
Net earnings3 670.14183.692 093.38
Shareholders equity total3 710.143 836.632 871.10
Balance sheet total (assets)5 081.845 870.415 789.91
Net debt300.361 225.522 187.16
Profitability
EBIT-%
ROA72.1 %4.9 %38.0 %
ROE98.9 %4.9 %62.4 %
ROI91.4 %5.6 %41.9 %
Economic value added (EVA)-13.69179.99288.60
Solvency
Equity ratio73.0 %65.4 %49.6 %
Gearing8.2 %42.5 %77.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.91.3
Current ratio0.90.91.3
Cash and cash equivalents2.69406.6038.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:38.0%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.6%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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