MFF HERNING HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 20679808
Hvidelvej 7, 7400 Herning

Company information

Official name
MFF HERNING HOLDING ApS
Established
1997
Company form
Private limited company
Industry

About MFF HERNING HOLDING ApS

MFF HERNING HOLDING ApS (CVR number: 20679808) is a company from HERNING. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -7.6 kDKK, while net earnings were 2915.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.7 %, which can be considered good and Return on Equity (ROE) was 12.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MFF HERNING HOLDING ApS's liquidity measured by quick ratio was 167.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit
EBIT-24.75-12.51-10.25-7.26-7.56
Net earnings1 732.362 153.255 983.022 497.662 915.92
Shareholders equity total11 788.8713 642.1219 475.1421 672.8024 288.72
Balance sheet total (assets)16 569.3417 564.8319 481.3921 679.0524 294.97
Net debt2 130.272 100.04-14.46-7.14-19.63
Profitability
EBIT-%
ROA12.4 %14.7 %32.9 %12.1 %12.7 %
ROE15.9 %16.9 %36.1 %12.1 %12.7 %
ROI12.4 %14.7 %32.9 %12.1 %12.7 %
Economic value added (EVA)31.04186.64220.25136.63268.53
Solvency
Equity ratio71.1 %77.7 %100.0 %100.0 %100.0 %
Gearing18.1 %15.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.7189.7154.4167.2
Current ratio0.80.7189.7154.4167.2
Cash and cash equivalents14.467.1419.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:12.7%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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