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M. HOVMØLLER HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About M. HOVMØLLER HOLDING ApS
M. HOVMØLLER HOLDING ApS (CVR number: 34201196K) is a company from LEJRE. The company recorded a gross profit of 11.7 mDKK in 2024. The operating profit was -538.7 kDKK, while net earnings were -1435.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak but Return on Equity (ROE) was -2.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.8 %, 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. M. HOVMØLLER HOLDING ApS's liquidity measured by quick ratio was 1.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 21 594.00 | 33 552.00 | 27 078.00 | 11 657.70 | |
| EBIT | 11 594.00 | 15 098.00 | 26 836.00 | 16 609.00 | - 538.73 |
| Net earnings | 8 832.00 | 11 025.00 | 20 115.00 | 12 527.00 | -1 435.15 |
| Shareholders equity total | 20 885.00 | 31 797.00 | 64 799.00 | 73 225.00 | 70 928.02 |
| Balance sheet total (assets) | 85 483.00 | 97 282.00 | 148 318.00 | 165 965.00 | 161 504.96 |
| Net debt | -15 487.00 | 22 633.00 | 20 367.00 | 22 210.00 | 40 250.96 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 15.0 % | 16.6 % | 22.0 % | 11.4 % | 0.3 % |
| ROE | 53.4 % | 41.9 % | 50.2 % | 24.9 % | -2.7 % |
| ROI | 15.0 % | 19.7 % | 30.9 % | 15.8 % | 0.3 % |
| Economic value added (EVA) | 10 982.76 | 10 575.32 | 17 476.84 | 7 560.06 | -6 442.98 |
| Solvency | |||||
| Equity ratio | 100.0 % | 32.7 % | 44.9 % | 47.6 % | 44.8 % |
| Gearing | 85.0 % | 52.6 % | 51.9 % | 59.7 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.4 | 2.1 | 2.0 | 1.2 | |
| Current ratio | 1.4 | 1.9 | 1.6 | 1.1 | |
| Cash and cash equivalents | 15 487.00 | 4 397.00 | 13 704.00 | 15 775.00 | 2 109.82 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | BBB | BBB | BBB |
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