MH Holding Varde ApS — Credit Rating and Financial Key Figures

CVR number: 40948570
Troldhøj Alle 90, 6800 Varde

Company information

Official name
MH Holding Varde ApS
Established
2019
Company form
Private limited company
Industry

About MH Holding Varde ApS

MH Holding Varde ApS (CVR number: 40948570) is a company from VARDE. The company recorded a gross profit of -7.5 kDKK in 2023. The operating profit was -7.5 kDKK, while net earnings were 811.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.3 %, which can be considered excellent and Return on Equity (ROE) was 22 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 85.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MH Holding Varde ApS'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
Volume
Net sales
Gross profit-9.17-6.75-9.88-7.50
EBIT-9.17-6.75-9.88-7.50
Net earnings784.011 402.671 245.44811.41
Shareholders equity total913.192 202.853 333.904 027.50
Balance sheet total (assets)922.362 810.943 764.904 724.95
Net debt109.67- 344.95- 214.93
Profitability
EBIT-%
ROA86.0 %75.2 %38.4 %19.3 %
ROE85.9 %90.0 %45.0 %22.0 %
ROI86.9 %75.4 %39.6 %20.2 %
Economic value added (EVA)-9.17-44.8963.47141.06
Solvency
Equity ratio99.0 %78.4 %88.6 %85.2 %
Gearing27.4 %7.1 %13.0 %
Relative net indebtedness %
Liquidity
Quick ratio87.21.81.81.3
Current ratio87.21.81.81.3
Cash and cash equivalents494.67582.43737.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAA

Variable visualization

ROA:19.3%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.2%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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