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MH ELEKTRIC A/S — Credit Rating and Financial Key Figures

CVR number: 27778798
Agernvej 4, 3490 Kvistgård
tel: 48248286
Free credit report Annual report

Credit rating

Company information

Official name
MH ELEKTRIC A/S
Personnel
90 persons
Established
2004
Company form
Limited company
Industry

About MH ELEKTRIC A/S

MH ELEKTRIC A/S (CVR number: 27778798) is a company from HELSINGØR. The company recorded a gross profit of 60.6 mDKK in 2025. The operating profit was 15.2 mDKK, while net earnings were 11.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 23.6 %, which can be considered excellent and Return on Equity (ROE) was 40.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.5 %, 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 ELEKTRIC A/S's liquidity measured by quick ratio was 2 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
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit29 930.2742 481.3636 654.5254 552.3060 618.96
EBIT7 509.0112 158.3510 463.9413 306.7615 161.53
Net earnings4 876.419 643.558 340.8810 241.6611 575.88
Shareholders equity total3 574.7712 218.3213 059.2022 826.1734 402.05
Balance sheet total (assets)14 426.8226 540.8631 129.2667 351.7464 325.67
Net debt487.62-6 680.68-12 113.1315 149.27351.01
Profitability
EBIT-%
ROA44.5 %61.5 %37.2 %28.1 %23.6 %
ROE134.1 %122.1 %66.0 %57.1 %40.5 %
ROI134.9 %133.3 %78.7 %49.1 %39.2 %
Economic value added (EVA)5 462.569 087.847 584.969 295.249 374.97
Solvency
Equity ratio24.8 %46.0 %42.0 %33.9 %53.5 %
Gearing39.7 %1.4 %5.1 %66.5 %1.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.62.01.91.32.0
Current ratio1.62.01.91.42.0
Cash and cash equivalents931.056 855.0012 782.5423.7223.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:23.6%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.5%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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