M2H Development ApS — Credit Rating and Financial Key Figures

CVR number: 29147930
Lille Frederikslund 1, 2840 Holte
martin@hoyer-hansen.dk
tel: 30947971

Company information

Official name
M2H Development ApS
Established
2005
Company form
Private limited company
Industry

About M2H Development ApS

M2H Development ApS (CVR number: 29147930) is a company from RUDERSDAL. The company recorded a gross profit of 0.7 kDKK in 2022. The operating profit was 0.7 kDKK, while net earnings were 2.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent and Return on Equity (ROE) was 6.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 75 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. M2H Development ApS's liquidity measured by quick ratio was 4 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit-60.97-40.822 384.54-47.770.68
EBIT-60.97-40.822 384.54-47.770.68
Net earnings- 352.72- 200.461 631.41-48.532.14
Shareholders equity total-7.21- 207.671 423.7430.2132.35
Balance sheet total (assets)2 018.796 542.732 130.6350.0943.11
Net debt2 000.00- 417.56-2 101.77-46.76-0.66
Profitability
EBIT-%
ROA-2.8 %-0.9 %53.7 %-4.4 %4.8 %
ROE-16.9 %-4.7 %41.0 %-6.7 %6.8 %
ROI-2.9 %-4.1 %335.0 %-6.6 %7.1 %
Economic value added (EVA)- 148.29- 131.972 368.71-13.701.51
Solvency
Equity ratio-0.4 %-3.1 %66.8 %60.3 %75.0 %
Gearing-27739.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.13.02.54.0
Current ratio0.70.73.02.54.0
Cash and cash equivalents417.562 101.7746.760.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:4.80%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.0%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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