MH Trans Aps — Credit Rating and Financial Key Figures
Credit rating
Company information
About MH Trans Aps
MH Trans Aps (CVR number: 39672324) is a company from AABENRAA. The company reported a net sales of 0.9 mDKK in 2023, demonstrating a decline of -18.3 % compared to the previous year. The operating profit percentage was at 4.9 % (EBIT: 0 mDKK), while net earnings were 36.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.4 %, which can be considered good and Return on Equity (ROE) was 12.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 76.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MH Trans Aps's liquidity measured by quick ratio was 4.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 699.79 | 957.41 | 1 034.02 | 1 056.54 | 862.78 |
Gross profit | 285.16 | 434.77 | 340.31 | 467.36 | 367.24 |
EBIT | 3.69 | 30.82 | -19.66 | 149.95 | 41.84 |
Net earnings | 3.39 | 25.23 | -19.89 | 120.54 | 36.47 |
Shareholders equity total | 144.60 | 169.83 | 149.94 | 270.48 | 306.95 |
Balance sheet total (assets) | 263.76 | 309.45 | 418.56 | 623.21 | 400.20 |
Net debt | -15.95 | 29.06 | 239.21 | 68.45 | - 192.38 |
Profitability | |||||
EBIT-% | 0.5 % | 3.2 % | -1.9 % | 14.2 % | 4.9 % |
ROA | 1.8 % | 10.8 % | -5.4 % | 28.8 % | 9.4 % |
ROE | 2.4 % | 16.0 % | -12.4 % | 57.3 % | 12.6 % |
ROI | 2.1 % | 14.2 % | -6.4 % | 32.0 % | 10.5 % |
Economic value added (EVA) | 3.67 | 22.06 | -27.00 | 114.03 | 29.33 |
Solvency | |||||
Equity ratio | 54.8 % | 54.9 % | 35.8 % | 43.4 % | 76.7 % |
Gearing | 45.4 % | 31.2 % | 162.2 % | 101.0 % | 21.5 % |
Relative net indebtedness % | 5.4 % | 12.1 % | 25.6 % | 14.0 % | -19.1 % |
Liquidity | |||||
Quick ratio | 2.2 | 1.4 | 0.7 | 1.1 | 4.1 |
Current ratio | 2.2 | 1.4 | 0.7 | 1.1 | 4.1 |
Cash and cash equivalents | 81.62 | 23.85 | 3.96 | 204.64 | 258.43 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 63.4 | 59.7 | 54.2 | 61.8 | 54.0 |
Net working capital % | 20.7 % | 5.2 % | -8.1 % | 2.9 % | 33.9 % |
Credit risk | |||||
Credit rating | BB | BBB | BB | BB | BBB |
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