MH11 ApS — Credit Rating and Financial Key Figures

CVR number: 37857033
Finlandsgade 10, 8200 Aarhus N

Company information

Official name
MH11 ApS
Established
2016
Company form
Private limited company
Industry

About MH11 ApS

MH11 ApS (CVR number: 37857033K) is a company from AARHUS. The company recorded a gross profit of 79 mDKK in 2021. The operating profit was 7653.4 kDKK, while net earnings were 4395.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good but Return on Equity (ROE) was 19.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.5 %, 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. MH11 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
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit63 158.5172 148.1871 664.8169 870.5278 956.91
EBIT404.625 889.87- 912.451 323.377 653.44
Net earnings-2 402.4742 965.91-1 717.75-1 479.134 395.30
Shareholders equity total-4 877.5535 365.2123 368.4221 973.8423 786.04
Balance sheet total (assets)84 772.97103 409.3190 919.86100 471.4889 754.50
Net debt-87.58-16 344.13-3 715.70-34 742.81-23 608.01
Profitability
EBIT-%
ROA0.6 %48.6 %0.2 %1.4 %8.1 %
ROE-2.8 %71.5 %-6.0 %-6.7 %19.7 %
ROI0.8 %68.6 %0.3 %2.4 %15.7 %
Economic value added (EVA)827.896 096.51-1 201.71163.105 673.77
Solvency
Equity ratio-5.5 %34.6 %25.7 %21.9 %26.5 %
Gearing-189.1 %28.0 %50.7 %35.6 %22.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.71.61.41.3
Current ratio1.21.61.61.41.3
Cash and cash equivalents9 311.2026 250.2115 558.6742 557.1529 004.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:8.09%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.5%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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