M H N HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 30924932
Ulvevej 16, 7800 Skive
bogholderi@skiveae.dk
tel: 97528288

Company information

Official name
M H N HOLDING ApS
Established
2007
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 106.872 332.202 736.462 993.766 040.73
Gross profit1 395.992 761.633 177.213 458.596 544.92
EBIT1 320.072 636.673 069.053 347.586 376.79
Net earnings1 082.562 459.652 827.153 152.946 458.73
Shareholders equity total5 929.598 278.6410 992.7914 031.3320 372.26
Balance sheet total (assets)11 403.4813 743.0114 788.4217 369.3521 965.21
Net debt5 325.624 716.093 038.581 012.31-2 068.07
Profitability
EBIT-%119.3 %113.1 %112.2 %111.8 %105.6 %
ROA13.6 %21.0 %21.5 %20.8 %34.3 %
ROE19.9 %34.6 %29.3 %25.2 %37.5 %
ROI14.1 %21.5 %22.0 %21.2 %36.1 %
Economic value added (EVA)1 473.512 638.953 199.883 459.556 585.33
Solvency
Equity ratio52.0 %60.2 %74.3 %80.8 %92.7 %
Gearing91.2 %58.7 %32.7 %20.0 %
Relative net indebtedness %485.4 %225.6 %115.7 %48.7 %-10.1 %
Liquidity
Quick ratio0.10.41.83.72.3
Current ratio0.10.41.83.72.3
Cash and cash equivalents82.95141.83552.831 787.992 068.07
Capital use efficiency
Trade debtors turnover (days)0.92.43.7
Net working capital %-105.9 %-43.2 %11.2 %56.8 %30.7 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:34.3%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.7%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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