MT HØJGAARD GRØNLAND ApS — Credit Rating and Financial Key Figures

CVR number: 16171530
Naternaq 17, 3905 Nuussuaq
finance@mth.gl
tel: 311717

Credit rating

Company information

Official name
MT HØJGAARD GRØNLAND ApS
Established
1992
Company form
Private limited company
Industry
  • Expand more icon410000

About MT HØJGAARD GRØNLAND ApS

MT HØJGAARD GRØNLAND ApS (CVR number: 16171530) is a company from SERMERSOOQ. The company recorded a gross profit of 0 kDKK in 2024, demonstrating a growth of 0 % compared to the previous year. The operating profit was -44.7 mDKK, while net earnings were -60.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -33.8 %, which can be considered poor and Return on Equity (ROE) was -81.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -18.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MT HØJGAARD GRØNLAND ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales233.73432.22364.09329.55
Gross profit233.73432.22364.09-99.25
EBIT-2.43-5.63-33.45- 127.50-44.72
Net earnings-0.34-4.18-24.59- 135.95-60.31
Shareholders equity total98.7294.5369.9433.99-26.32
Balance sheet total (assets)178.84219.67180.92150.9886.97
Net debt50.1171.77
Profitability
EBIT-%-1.0 %-1.3 %-9.2 %-38.7 %
ROA-1.3 %-2.8 %-16.7 %-76.6 %-33.8 %
ROE-0.3 %-4.3 %-29.9 %-261.6 %-81.1 %
ROI-1.3 %-2.8 %-16.7 %-93.0 %-52.1 %
Economic value added (EVA)-6.70-9.10-29.33- 134.54-41.53
Solvency
Equity ratio100.0 %100.0 %100.0 %19.9 %-18.7 %
Gearing152.5 %-272.9 %
Relative net indebtedness %35.0 %
Liquidity
Quick ratio0.90.8
Current ratio1.00.8
Cash and cash equivalents1.730.06
Capital use efficiency
Trade debtors turnover (days)60.6
Net working capital %-0.6 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-33.8%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-18.7%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member
Board member

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