MH 2016 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MH 2016 ApS
MH 2016 ApS (CVR number: 38101595) is a company from KØBENHAVN. The company recorded a gross profit of 167.4 kDKK in 2023. The operating profit was 6.1 kDKK, while net earnings were -10.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak but Return on Equity (ROE) was -3.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MH 2016 ApS's liquidity measured by quick ratio was 1.6 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 | 159.41 | 138.40 | 210.98 | 133.94 | 167.43 |
EBIT | 49.41 | 84.41 | 32.49 | -46.02 | 6.11 |
Net earnings | 38.55 | 65.92 | 19.93 | -45.36 | -10.45 |
Shareholders equity total | 248.31 | 314.22 | 334.15 | 288.79 | 278.34 |
Balance sheet total (assets) | 276.40 | 666.49 | 735.17 | 549.53 | 540.70 |
Net debt | -40.75 | -11.65 | -83.99 | - 138.23 | -38.26 |
Profitability | |||||
EBIT-% | |||||
ROA | 18.8 % | 17.9 % | 4.6 % | -7.2 % | 1.1 % |
ROE | 16.8 % | 23.4 % | 6.1 % | -14.6 % | -3.7 % |
ROI | 21.6 % | 30.0 % | 7.3 % | -8.8 % | 1.6 % |
Economic value added (EVA) | 28.73 | 73.98 | 7.53 | -52.03 | -1.46 |
Solvency | |||||
Equity ratio | 89.8 % | 47.1 % | 45.5 % | 52.6 % | 51.5 % |
Gearing | 10.4 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 16.0 | 1.0 | 2.4 | 4.1 | 1.6 |
Current ratio | 16.0 | 1.0 | 2.4 | 4.1 | 1.6 |
Cash and cash equivalents | 40.75 | 11.65 | 118.58 | 138.23 | 38.26 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
Variable visualization
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