MH HOLDING THISTED ApS — Credit Rating and Financial Key Figures

CVR number: 30819683
Johnsens Alle 43, 7700 Thisted

Company information

Official name
MH HOLDING THISTED ApS
Personnel
1 person
Established
2007
Company form
Private limited company
Industry

About MH HOLDING THISTED ApS

MH HOLDING THISTED ApS (CVR number: 30819683) is a company from THISTED. The company recorded a gross profit of -125.9 kDKK in 2023. The operating profit was -235.9 kDKK, while net earnings were 6917.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.1 %, which can be considered good and Return on Equity (ROE) was 11.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MH HOLDING THISTED ApS's liquidity measured by quick ratio was 406.9 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-78.94- 106.03- 144.96- 165.18- 125.91
EBIT-78.94- 106.03- 144.96- 549.61- 235.89
Net earnings3 906.353 709.1912 023.731 189.206 917.31
Shareholders equity total38 243.8141 926.4653 918.9555 745.4162 162.72
Balance sheet total (assets)40 023.8144 110.4055 478.0456 082.0962 284.54
Net debt-29 525.67-32 105.33-45 288.69-41 278.49-47 620.37
Profitability
EBIT-%
ROA11.5 %9.7 %26.5 %13.7 %13.1 %
ROE10.8 %9.3 %25.1 %2.2 %11.7 %
ROI11.6 %9.9 %27.1 %13.9 %13.1 %
Economic value added (EVA)- 382.33- 216.84- 284.91- 584.85- 689.55
Solvency
Equity ratio95.6 %95.0 %97.2 %99.4 %99.8 %
Gearing2.8 %3.6 %
Relative net indebtedness %
Liquidity
Quick ratio17.916.029.3135.3406.9
Current ratio17.916.029.3135.3406.9
Cash and cash equivalents30 592.0233 631.7145 288.6941 278.4947 620.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:13.1%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 97/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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