MH SERVICE & LANDBRUG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MH SERVICE & LANDBRUG ApS
MH SERVICE & LANDBRUG ApS (CVR number: 30696921) is a company from SORØ. The company recorded a gross profit of 60 kDKK in 2023. The operating profit was -181.9 kDKK, while net earnings were -174.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.6 %, which can be considered poor and Return on Equity (ROE) was -39.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MH SERVICE & LANDBRUG ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 272.67 | 521.06 | 130.81 | 270.70 | 60.01 |
EBIT | -1 629.20 | - 588.99 | -93.30 | 192.08 | - 181.94 |
Net earnings | -1 375.05 | - 788.32 | - 118.49 | 109.43 | - 174.27 |
Shareholders equity total | 238.45 | 250.13 | 131.64 | 241.07 | 634.01 |
Balance sheet total (assets) | 8 494.93 | 3 828.86 | 2 862.58 | 1 104.83 | 2 322.81 |
Net debt | 5 963.32 | -1 549.92 | - 248.90 | 183.48 | - 236.85 |
Profitability | |||||
EBIT-% | |||||
ROA | -17.8 % | -9.6 % | -2.8 % | 9.7 % | -10.6 % |
ROE | -261.4 % | -322.7 % | -62.1 % | 58.7 % | -39.8 % |
ROI | -20.9 % | -13.6 % | -6.5 % | 15.8 % | -13.6 % |
Economic value added (EVA) | -1 483.06 | - 786.76 | 48.79 | 209.63 | - 132.46 |
Solvency | |||||
Equity ratio | 2.8 % | 6.5 % | 4.6 % | 21.8 % | 27.3 % |
Gearing | 2546.9 % | 447.6 % | 867.5 % | 254.1 % | 32.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 1.1 | 0.6 | 0.8 | 0.8 |
Current ratio | 0.2 | 1.1 | 0.6 | 0.8 | 0.8 |
Cash and cash equivalents | 109.93 | 2 669.43 | 1 390.89 | 429.01 | 441.30 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BBB |
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