MAHOVI INVEST A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MAHOVI INVEST A/S
MAHOVI INVEST A/S (CVR number: 28295081) is a company from MORSØ. The company recorded a gross profit of -57.4 kDKK in 2023. The operating profit was -541.4 kDKK, while net earnings were -345.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak but Return on Equity (ROE) was -2.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 93.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MAHOVI INVEST A/S's liquidity measured by quick ratio was 10.2 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 124.14 | -66.27 | - 154.85 | -59.20 | -57.43 |
EBIT | - 608.55 | - 550.65 | - 639.63 | - 543.25 | - 541.45 |
Net earnings | -1 248.24 | 2 906.61 | - 152.87 | - 833.26 | - 345.06 |
Shareholders equity total | 13 322.00 | 16 228.61 | 16 075.73 | 15 242.47 | 14 897.41 |
Balance sheet total (assets) | 22 869.08 | 25 865.01 | 25 693.90 | 24 361.00 | 15 957.79 |
Net debt | -22 579.44 | -25 710.10 | -15 951.57 | -15 132.11 | -9 627.48 |
Profitability | |||||
EBIT-% | |||||
ROA | -6.5 % | 12.4 % | 1.3 % | -1.4 % | 0.2 % |
ROE | -9.0 % | 19.7 % | -0.9 % | -5.3 % | -2.3 % |
ROI | -8.8 % | 20.5 % | 1.6 % | -1.5 % | 0.2 % |
Economic value added (EVA) | - 682.72 | -85.46 | - 163.18 | -72.11 | - 115.20 |
Solvency | |||||
Equity ratio | 58.3 % | 62.7 % | 62.6 % | 62.6 % | 93.4 % |
Gearing | 59.1 % | 59.0 % | 6.7 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.4 | 2.7 | 2.7 | 2.7 | 10.2 |
Current ratio | 2.4 | 2.7 | 2.7 | 2.7 | 10.2 |
Cash and cash equivalents | 22 579.44 | 25 710.10 | 25 451.57 | 24 132.11 | 10 627.48 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
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