M.H. HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About M.H. HOLDING A/S
M.H. HOLDING A/S (CVR number: 12003730) is a company from ODENSE. The company recorded a gross profit of -47 kDKK in 2022. The operating profit was -78.2 kDKK, while net earnings were -585.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak but Return on Equity (ROE) was -23.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. M.H. HOLDING A/S's liquidity measured by quick ratio was 144.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -75.11 | -57.86 | 43.13 | -35.25 | -46.99 |
EBIT | - 317.78 | - 301.10 | - 139.30 | -35.25 | -78.23 |
Net earnings | - 481.92 | 235.34 | -35.28 | 58.77 | - 585.59 |
Shareholders equity total | 2 536.55 | 2 771.89 | 2 681.31 | 2 740.08 | 2 154.50 |
Balance sheet total (assets) | 3 559.46 | 3 973.05 | 3 869.72 | 3 761.38 | 2 169.53 |
Net debt | -2 442.25 | -2 721.31 | -2 623.17 | -2 654.18 | -2 144.82 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.1 % | 6.8 % | 1.5 % | 2.7 % | 1.4 % |
ROE | -17.4 % | 8.9 % | -1.3 % | 2.2 % | -23.9 % |
ROI | -0.1 % | 6.8 % | 1.5 % | 2.7 % | 1.4 % |
Economic value added (EVA) | - 246.76 | - 254.83 | -82.24 | 20.38 | -31.98 |
Solvency | |||||
Equity ratio | 71.3 % | 69.8 % | 69.3 % | 72.8 % | 99.3 % |
Gearing | 39.7 % | 42.7 % | 43.5 % | 36.7 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.5 | 3.3 | 3.3 | 3.7 | 144.3 |
Current ratio | 3.5 | 3.3 | 3.3 | 3.7 | 144.3 |
Cash and cash equivalents | 3 448.51 | 3 905.66 | 3 788.55 | 3 660.44 | 2 144.82 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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