MH GROUP 2 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MH GROUP 2 ApS
MH GROUP 2 ApS (CVR number: 27651054) is a company from AARHUS. The company recorded a gross profit of 520.7 kDKK in 2023. The operating profit was -1497.5 kDKK, while net earnings were -1360.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.7 %, which can be considered poor and Return on Equity (ROE) was -16.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 50 %, 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 GROUP 2 ApS's liquidity measured by quick ratio was 1.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 311.75 | 433.36 | 509.77 | 478.70 | 520.68 |
EBIT | 2 211.75 | 1 633.36 | 509.77 | 1 379.13 | -1 497.53 |
Net earnings | 1 639.05 | 1 189.86 | 252.90 | 2 626.74 | -1 360.40 |
Shareholders equity total | 4 892.88 | 6 082.74 | 6 335.64 | 8 962.38 | 7 601.98 |
Balance sheet total (assets) | 15 423.79 | 16 753.99 | 16 844.13 | 17 873.81 | 15 356.33 |
Net debt | 8 709.94 | 8 549.15 | 8 262.52 | 6 065.47 | 5 903.51 |
Profitability | |||||
EBIT-% | |||||
ROA | 16.1 % | 10.3 % | 3.2 % | 22.4 % | -8.7 % |
ROE | 40.2 % | 21.7 % | 4.1 % | 34.3 % | -16.4 % |
ROI | 16.6 % | 10.6 % | 3.3 % | 23.4 % | -9.1 % |
Economic value added (EVA) | 1 206.28 | 612.44 | - 393.35 | 353.67 | -1 912.47 |
Solvency | |||||
Equity ratio | 32.1 % | 36.7 % | 38.0 % | 50.6 % | 50.0 % |
Gearing | 179.6 % | 140.8 % | 131.7 % | 68.2 % | 77.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.4 | 3.1 | 3.2 | 1.6 | 1.9 |
Current ratio | 2.6 | 2.3 | 2.4 | 1.4 | 1.4 |
Cash and cash equivalents | 76.12 | 14.87 | 79.46 | 48.90 | 11.59 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | A | A | BBB |
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