MHO Operations ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MHO Operations ApS
MHO Operations ApS (CVR number: 38948563) is a company from ESBJERG. The company recorded a gross profit of 57.2 mDKK in 2023. The operating profit was 22.5 mDKK, while net earnings were 11.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent but Return on Equity (ROE) was 12 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 43.9 %, 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. MHO Operations 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 | 22 562.65 | 21 289.64 | 21 719.19 | 40 153.74 | 57 164.03 |
EBIT | 7 734.08 | 8 005.58 | 3 105.65 | 15 161.10 | 22 494.25 |
Net earnings | 3 099.27 | 5 918.61 | - 638.92 | 9 297.60 | 11 222.97 |
Shareholders equity total | 8 803.31 | 34 935.05 | 72 854.19 | 87 404.06 | 100 385.51 |
Balance sheet total (assets) | 94 668.19 | 128 448.87 | 221 626.47 | 249 513.94 | 336 000.58 |
Net debt | 83 639.90 | 85 202.55 | 145 034.55 | 133 226.75 | 214 313.23 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.0 % | 7.2 % | 1.8 % | 6.4 % | 7.7 % |
ROE | 59.3 % | 27.1 % | -1.2 % | 11.6 % | 12.0 % |
ROI | 12.4 % | 7.3 % | 1.8 % | 6.2 % | 7.2 % |
Economic value added (EVA) | 6 822.75 | 7 156.80 | -2 741.03 | 7 306.67 | 13 432.20 |
Solvency | |||||
Equity ratio | 19.9 % | 35.0 % | 37.4 % | 44.1 % | 43.9 % |
Gearing | 959.3 % | 263.5 % | 200.1 % | 178.8 % | 213.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.7 | 0.5 | 12.4 | 0.6 |
Current ratio | 0.1 | 0.7 | 0.5 | 12.7 | 0.6 |
Cash and cash equivalents | 812.49 | 6 840.56 | 710.35 | 23 028.75 | 426.96 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | AA | AAA | AA |
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