MH Holding, Fredericia ApS — Credit Rating and Financial Key Figures

CVR number: 40489290
Smedevænget 6 A, 7000 Fredericia

Credit rating

Company information

Official name
MH Holding, Fredericia ApS
Established
2019
Company form
Private limited company
Industry

About MH Holding, Fredericia ApS

MH Holding, Fredericia ApS (CVR number: 40489290) is a company from FREDERICIA. The company reported a net sales of 0.3 mDKK in 2024, demonstrating a growth of 202.9 % compared to the previous year. The operating profit percentage was at 98 % (EBIT: 0.3 mDKK), while net earnings were 267.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.5 %, which can be considered good and Return on Equity (ROE) was 14.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 96.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MH Holding, Fredericia ApS's liquidity measured by quick ratio was 18.5 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales405.27218.27282.4486.91263.30
Gross profit398.64211.02273.9482.54258.05
EBIT398.64211.02273.9482.54258.05
Net earnings394.77207.27268.0879.26267.20
Shareholders equity total1 555.321 649.591 803.271 764.731 909.94
Balance sheet total (assets)1 681.431 704.471 857.021 771.371 975.35
Net debt- 464.39- 621.43- 875.97-1 084.02-1 065.60
Profitability
EBIT-%98.4 %96.7 %97.0 %95.0 %98.0 %
ROA26.4 %12.5 %15.5 %4.6 %14.5 %
ROE27.9 %12.9 %15.5 %4.4 %14.5 %
ROI28.2 %13.2 %15.9 %4.6 %14.8 %
Economic value added (EVA)401.87216.03269.7782.45254.65
Solvency
Equity ratio92.5 %96.8 %97.1 %99.6 %96.7 %
Gearing0.1 %0.0 %
Relative net indebtedness %-83.7 %-259.6 %-291.1 %-1239.7 %-379.9 %
Liquidity
Quick ratio4.715.418.2170.918.5
Current ratio4.715.418.2170.918.5
Cash and cash equivalents465.40621.43875.971 084.071 065.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %114.0 %360.9 %327.2 %1297.4 %433.6 %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:14.5%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.7%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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