MH Staalgaard ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MH Staalgaard ApS
MH Staalgaard ApS (CVR number: 38673858) is a company from GULDBORGSUND. The company recorded a gross profit of 1702.2 kDKK in 2023. The operating profit was -320.9 kDKK, while net earnings were -412.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.8 %, which can be considered poor and Return on Equity (ROE) was -44.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.4 %, 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. MH Staalgaard ApS's liquidity measured by quick ratio was 0.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 726.85 | 974.28 | 1 091.64 | 1 008.56 | 1 702.16 |
EBIT | 491.31 | -66.85 | 36.67 | - 458.77 | - 320.93 |
Net earnings | 369.11 | -80.11 | 150.97 | - 392.14 | - 412.43 |
Shareholders equity total | 1 460.35 | 1 380.24 | 1 531.21 | 1 139.08 | 726.64 |
Balance sheet total (assets) | 2 459.51 | 2 463.21 | 2 570.56 | 2 529.97 | 2 113.78 |
Net debt | - 308.76 | 4.14 | - 257.41 | 1.81 | 115.43 |
Profitability | |||||
EBIT-% | |||||
ROA | 22.1 % | -2.7 % | 7.3 % | -17.9 % | -13.8 % |
ROE | 28.9 % | -5.6 % | 10.4 % | -29.4 % | -44.2 % |
ROI | 37.8 % | -4.6 % | 12.5 % | -32.0 % | -28.5 % |
Economic value added (EVA) | 353.89 | - 110.86 | -31.14 | - 432.49 | - 385.03 |
Solvency | |||||
Equity ratio | 59.4 % | 56.0 % | 59.6 % | 45.0 % | 34.4 % |
Gearing | 0.7 % | 1.8 % | 1.1 % | 13.7 % | 30.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.1 | 1.0 | 0.9 | 0.6 |
Current ratio | 1.9 | 1.4 | 1.7 | 1.3 | 1.0 |
Cash and cash equivalents | 318.32 | 21.12 | 273.73 | 153.70 | 108.94 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BBB |
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