MH FINANS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MH FINANS ApS
MH FINANS ApS (CVR number: 32942016) is a company from KØBENHAVN. The company recorded a gross profit of -61.5 kDKK in 2023. The operating profit was -61.5 kDKK, while net earnings were -82.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak but Return on Equity (ROE) was -1.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -7.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MH FINANS 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 | -43.00 | -23.88 | -29.88 | 337.77 | -61.48 |
EBIT | -43.00 | -23.88 | -29.88 | 106.40 | -61.48 |
Net earnings | - 235.00 | - 266.39 | 1 777.59 | 369.20 | -82.25 |
Shareholders equity total | -2 775.00 | -3 040.97 | -1 263.38 | - 894.19 | - 976.44 |
Balance sheet total (assets) | 8 792.00 | 9 392.45 | 6 328.76 | 7 118.42 | 7 170.46 |
Net debt | 2 797.00 | 10 822.65 | 5 957.32 | 5 737.46 | 3 416.52 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.8 % | -0.4 % | 18.6 % | 6.7 % | 1.0 % |
ROE | -2.8 % | -2.9 % | 22.6 % | 5.5 % | -1.2 % |
ROI | -3.3 % | -0.8 % | 22.2 % | 8.8 % | 1.7 % |
Economic value added (EVA) | -8.69 | 5.31 | 162.00 | 342.82 | 205.63 |
Solvency | |||||
Equity ratio | -24.0 % | -1.2 % | 27.2 % | 30.1 % | -7.5 % |
Gearing | -103.3 % | -357.4 % | -471.5 % | -675.7 % | -369.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.0 | 0.9 | 1.0 | 0.6 |
Current ratio | 1.0 | 1.0 | 0.9 | 1.0 | 0.6 |
Cash and cash equivalents | 70.00 | 45.54 | 304.61 | 191.13 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | A | BBB | BBB |
Variable visualization
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