MH 8570 HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 35864075
Vesterbro 1 B, 8570 Trustrup
michael-hansen3@hotmail.com

Credit rating

Company information

Official name
MH 8570 HOLDING ApS
Established
2014
Company form
Private limited company
Industry

About MH 8570 HOLDING ApS

MH 8570 HOLDING ApS (CVR number: 35864075) is a company from NORDDJURS. The company recorded a gross profit of 2 kDKK in 2023. The operating profit was -24.6 kDKK, while net earnings were 30.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak and Return on Equity (ROE) was 1.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 75.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MH 8570 HOLDING ApS's liquidity measured by quick ratio was 1.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit18.5911.70229.74232.811.97
EBIT3.50-1.71212.17215.24-24.60
Net earnings37.10225.94954.59244.0430.35
Shareholders equity total368.81594.761 549.351 793.391 823.74
Balance sheet total (assets)385.911 133.882 456.562 134.352 427.68
Net debt- 199.48439.1924.63-29.25555.24
Profitability
EBIT-%
ROA10.8 %31.5 %57.2 %13.2 %2.0 %
ROE10.6 %46.9 %89.0 %14.6 %1.7 %
ROI11.2 %33.4 %64.9 %14.7 %2.1 %
Economic value added (EVA)1.10-3.97194.82244.1826.26
Solvency
Equity ratio95.6 %52.5 %63.1 %84.0 %75.1 %
Gearing78.7 %35.5 %14.0 %31.5 %
Relative net indebtedness %
Liquidity
Quick ratio16.00.20.81.41.2
Current ratio16.00.20.81.41.2
Cash and cash equivalents199.4828.64525.37279.6520.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:2.05%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.1%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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