M H N HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About M H N HOLDING ApS
M H N HOLDING ApS (CVR number: 30924932) is a company from SKIVE. The company reported a net sales of 6 mDKK in 2023, demonstrating a growth of 101.8 % compared to the previous year. The operating profit percentage was at 105.6 % (EBIT: 6.4 mDKK), while net earnings were 6458.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34.3 %, which can be considered excellent and Return on Equity (ROE) was 37.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. M H N HOLDING ApS's liquidity measured by quick ratio was 2.3 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 | 1 106.87 | 2 332.20 | 2 736.46 | 2 993.76 | 6 040.73 |
Gross profit | 1 395.99 | 2 761.63 | 3 177.21 | 3 458.59 | 6 544.92 |
EBIT | 1 320.07 | 2 636.67 | 3 069.05 | 3 347.58 | 6 376.79 |
Net earnings | 1 082.56 | 2 459.65 | 2 827.15 | 3 152.94 | 6 458.73 |
Shareholders equity total | 5 929.59 | 8 278.64 | 10 992.79 | 14 031.33 | 20 372.26 |
Balance sheet total (assets) | 11 403.48 | 13 743.01 | 14 788.42 | 17 369.35 | 21 965.21 |
Net debt | 5 325.62 | 4 716.09 | 3 038.58 | 1 012.31 | -2 068.07 |
Profitability | |||||
EBIT-% | 119.3 % | 113.1 % | 112.2 % | 111.8 % | 105.6 % |
ROA | 13.6 % | 21.0 % | 21.5 % | 20.8 % | 34.3 % |
ROE | 19.9 % | 34.6 % | 29.3 % | 25.2 % | 37.5 % |
ROI | 14.1 % | 21.5 % | 22.0 % | 21.2 % | 36.1 % |
Economic value added (EVA) | 1 473.51 | 2 638.95 | 3 199.88 | 3 459.55 | 6 585.33 |
Solvency | |||||
Equity ratio | 52.0 % | 60.2 % | 74.3 % | 80.8 % | 92.7 % |
Gearing | 91.2 % | 58.7 % | 32.7 % | 20.0 % | |
Relative net indebtedness % | 485.4 % | 225.6 % | 115.7 % | 48.7 % | -10.1 % |
Liquidity | |||||
Quick ratio | 0.1 | 0.4 | 1.8 | 3.7 | 2.3 |
Current ratio | 0.1 | 0.4 | 1.8 | 3.7 | 2.3 |
Cash and cash equivalents | 82.95 | 141.83 | 552.83 | 1 787.99 | 2 068.07 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.9 | 2.4 | 3.7 | ||
Net working capital % | -105.9 % | -43.2 % | 11.2 % | 56.8 % | 30.7 % |
Credit risk | |||||
Credit rating | A | AA | AA | AA | AA |
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