MH ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MH ApS
MH ApS (CVR number: 32099033) is a company from FREDERIKSSUND. The company recorded a gross profit of 3383.4 kDKK in 2024. The operating profit was 53.8 kDKK, while net earnings were -6.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak but Return on Equity (ROE) was -0.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.4 %, 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. MH ApS's liquidity measured by quick ratio was 1.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 974.50 | 3 182.29 | 3 455.61 | 3 814.86 | 3 383.43 |
EBIT | 544.03 | 976.80 | - 524.84 | 98.09 | 53.79 |
Net earnings | 390.01 | 768.88 | - 440.41 | 12.64 | -6.56 |
Shareholders equity total | 2 001.33 | 2 770.21 | 2 329.80 | 2 342.45 | 2 335.88 |
Balance sheet total (assets) | 6 539.15 | 6 402.80 | 5 537.58 | 6 650.62 | 5 507.71 |
Net debt | - 603.01 | -1 321.31 | 366.34 | 453.48 | 334.71 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.2 % | 15.6 % | -8.1 % | 3.2 % | 1.7 % |
ROE | 21.6 % | 32.2 % | -17.3 % | 0.5 % | -0.3 % |
ROI | 25.5 % | 41.0 % | -17.5 % | 6.9 % | 3.7 % |
Economic value added (EVA) | 292.44 | 670.20 | - 563.35 | -66.93 | - 103.48 |
Solvency | |||||
Equity ratio | 31.6 % | 43.7 % | 42.1 % | 35.2 % | 42.4 % |
Gearing | 1.6 % | 0.2 % | 16.7 % | 20.4 % | 15.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 1.7 | 1.6 | 1.4 | 1.6 |
Current ratio | 1.4 | 1.7 | 1.6 | 1.4 | 1.6 |
Cash and cash equivalents | 635.10 | 1 326.27 | 21.90 | 23.43 | 25.11 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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