MH Real Estate North A/S — Credit Rating and Financial Key Figures

CVR number: 26077613
Niels Bohrs Vej 2, 9900 Frederikshavn

Company information

Official name
MH Real Estate North A/S
Personnel
1 person
Established
2001
Company form
Limited company
Industry

About MH Real Estate North A/S

MH Real Estate North A/S (CVR number: 26077613) is a company from FREDERIKSHAVN. The company recorded a gross profit of 3527.1 kDKK in 2023. The operating profit was 1259.1 kDKK, while net earnings were 280.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent but Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 49.5 %, 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 Real Estate North A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit1 519.423 367.043 414.223 198.863 527.14
EBIT- 598.001 025.791 109.00960.251 259.13
Net earnings-1 014.011 263.151 038.251 055.36280.16
Shareholders equity total11 280.1812 543.3413 581.5914 636.9514 917.11
Balance sheet total (assets)44 864.5747 245.2245 365.8242 119.6740 866.68
Net debt31 124.5130 422.5927 305.9125 760.6023 572.60
Profitability
EBIT-%
ROA-1.6 %2.6 %2.7 %3.3 %4.8 %
ROE-8.6 %10.6 %7.9 %7.5 %1.9 %
ROI-1.7 %2.7 %2.9 %3.3 %1.8 %
Economic value added (EVA)-1 999.42- 844.97137.75- 290.60- 431.02
Solvency
Equity ratio37.0 %37.8 %41.6 %47.3 %49.5 %
Gearing282.8 %260.7 %212.4 %179.0 %162.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.30.30.20.3
Current ratio0.20.30.30.20.3
Cash and cash equivalents775.642 278.461 543.13439.85594.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:4.78%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.5%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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