MT Højgaard Holding A/S — Credit Rating and Financial Key Figures

CVR number: 16888419
Knud Højgaards Vej 7, 2860 Søborg
info@mthh.dk
tel: 70122400

Company information

Official name
MT Højgaard Holding A/S
Personnel
51 persons
Established
1921
Company form
Limited company
Industry

About MT Højgaard Holding A/S

MT Højgaard Holding A/S (CVR number: 16888419K) is a company from GLADSAXE. The company reported a net sales of 10682.1 mDKK in 2024, demonstrating a growth of 9.1 % compared to the previous year. The operating profit percentage was at 2.6 % (EBIT: 282.5 mDKK), while net earnings were 188.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent but Return on Equity (ROE) was 20.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.2 %, 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. MT Højgaard Holding A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales5 779.906 966.208 080.209 788.2010 682.10
Gross profit435.10494.60628.30700.70818.10
EBIT32.80122.90308.00338.70282.50
Net earnings100.80118.2012.10103.60188.80
Shareholders equity total624.40736.80751.10845.501 037.40
Balance sheet total (assets)4 009.704 339.304 788.505 317.704 681.60
Net debt-89.80- 216.40- 345.10- 936.40- 771.20
Profitability
EBIT-%0.6 %1.8 %3.8 %3.5 %2.6 %
ROA0.9 %3.0 %6.8 %7.0 %6.4 %
ROE18.1 %17.8 %1.7 %13.1 %20.1 %
ROI1.9 %6.7 %16.8 %18.9 %18.2 %
Economic value added (EVA)-30.1764.71253.80306.74332.03
Solvency
Equity ratio15.6 %17.0 %15.7 %15.9 %22.2 %
Gearing12.3 %4.8 %5.5 %
Relative net indebtedness %55.7 %48.1 %45.2 %36.1 %26.9 %
Liquidity
Quick ratio0.81.01.00.91.1
Current ratio1.11.21.11.01.2
Cash and cash equivalents166.80252.00386.40936.40771.20
Capital use efficiency
Trade debtors turnover (days)86.498.391.774.857.9
Net working capital %2.2 %6.2 %3.9 %1.2 %4.3 %
Credit risk
Credit ratingABBBBBBBBBA

Variable visualization

ROA:6.41%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.2%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member

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