MH HOLDING RINGKØBING ApS — Credit Rating and Financial Key Figures

CVR number: 29181926
Falkoner Alle 2, 2000 Frederiksberg

Credit rating

Company information

Official name
MH HOLDING RINGKØBING ApS
Established
2005
Company form
Private limited company
Industry

About MH HOLDING RINGKØBING ApS

MH HOLDING RINGKØBING ApS (CVR number: 29181926) is a company from FREDERIKSBERG. The company recorded a gross profit of -9.1 kDKK in 2024. The operating profit was -9.1 kDKK, while net earnings were -15.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -0.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.4 %, 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 HOLDING RINGKØBING ApS's liquidity measured by quick ratio was 0 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-7.10-7.35-7.78-8.33-9.07
EBIT-7.10-7.35-7.78-8.33-9.07
Net earnings-95.90-62.08-27.17-11.46-15.77
Shareholders equity total- 510.65- 572.72- 599.90- 611.35- 627.13
Balance sheet total (assets)2 501.562 501.562 501.562 654.332 652.26
Net debt3 004.713 066.793 093.963 255.423 271.19
Profitability
EBIT-%
ROA-0.2 %-0.2 %-0.3 %-0.3 %-0.3 %
ROE-3.8 %-2.5 %-1.1 %-0.4 %-0.6 %
ROI-0.2 %-0.2 %-0.3 %-0.3 %-0.3 %
Economic value added (EVA)- 132.43- 132.68- 133.10- 133.65- 142.08
Solvency
Equity ratio63.5 %61.1 %60.0 %74.9 %74.4 %
Gearing-588.4 %-535.5 %-515.7 %-532.9 %-521.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.0
Current ratio0.00.0
Cash and cash equivalents2.770.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-0.28%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.4%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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