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

CVR number: 27778798
Agernvej 4, 3490 Kvistgård
tel: 48248286

Company information

Official name
MH ELEKTRIC A/S
Personnel
88 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 54.6 mDKK in 2024. The operating profit was 13.3 mDKK, while net earnings were 10.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 28.1 %, which can be considered excellent and Return on Equity (ROE) was 57.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.9 %, 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 ELEKTRIC A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales59 188.94
Gross profit27 959.5629 930.2742 481.3636 654.5254 552.30
EBIT5 982.317 509.0112 158.3510 463.9413 306.76
Net earnings4 840.004 876.419 643.558 340.8810 241.66
Shareholders equity total3 698.363 574.7712 218.3213 059.2022 826.17
Balance sheet total (assets)19 502.9414 426.8226 540.8631 129.2667 351.74
Net debt- 254.61487.62-6 680.68-12 113.1315 149.27
Profitability
EBIT-%10.1 %
ROA28.5 %44.5 %61.5 %37.2 %28.1 %
ROE77.1 %134.1 %122.1 %66.0 %57.1 %
ROI70.0 %134.9 %133.3 %78.7 %49.1 %
Economic value added (EVA)4 219.955 597.589 270.487 899.819 638.72
Solvency
Equity ratio19.0 %24.8 %46.0 %42.0 %33.9 %
Gearing32.9 %39.7 %1.4 %5.1 %66.5 %
Relative net indebtedness %24.2 %
Liquidity
Quick ratio1.31.62.01.91.3
Current ratio1.31.62.01.91.4
Cash and cash equivalents1 470.72931.056 855.0012 782.5423.72
Capital use efficiency
Trade debtors turnover (days)33.3
Net working capital %7.5 %
Credit risk
Credit ratingABBBBBBBBBA

Variable visualization

ROA:28.1%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.9%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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