MH Invest North ApS — Credit Rating and Financial Key Figures

CVR number: 40057226
Niels Bohrs Vej 2, 9900 Frederikshavn

Credit rating

Company information

Official name
MH Invest North ApS
Established
2018
Company form
Private limited company
Industry

About MH Invest North ApS

MH Invest North ApS (CVR number: 40057226) is a company from FREDERIKSHAVN. The company reported a net sales of -5.8 mDKK in 2023, demonstrating a decline of 75.8 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -5.8 mDKK), while net earnings were -8107 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7 %, which can be considered poor and Return on Equity (ROE) was -13.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.9 %, 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 Invest North ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales2 618.42962.231 989.12-3 300.23-5 801.14
Gross profit2 354.77886.352 093.44-3 616.68-5 832.94
EBIT2 354.77886.352 093.44-3 616.68-5 832.94
Net earnings1 904.46546.261 821.69-3 770.18-8 107.04
Shareholders equity total70 504.4671 050.7272 872.4165 102.2356 995.19
Balance sheet total (assets)97 811.8988 440.5493 144.1682 362.7577 097.74
Net debt25 981.9415 908.9417 478.0714 993.1216 803.18
Profitability
EBIT-%89.9 %92.1 %105.2 %
ROA2.6 %1.1 %2.5 %-3.9 %-7.0 %
ROE2.7 %0.8 %2.5 %-5.5 %-13.3 %
ROI2.6 %1.1 %2.5 %-4.0 %-7.1 %
Economic value added (EVA)2 557.002 283.952 676.94-2 895.01-5 280.53
Solvency
Equity ratio72.1 %80.3 %78.2 %79.0 %73.9 %
Gearing36.9 %22.5 %24.1 %23.1 %29.9 %
Relative net indebtedness %1042.5 %1802.3 %954.9 %-468.8 %-290.0 %
Liquidity
Quick ratio0.10.40.41.40.5
Current ratio0.10.40.41.40.5
Cash and cash equivalents11.5847.7568.8031.05260.87
Capital use efficiency
Trade debtors turnover (days)24.9
Net working capital %-485.3 %-236.1 %-242.1 %-16.6 %22.6 %
Credit risk
Credit ratingAAAAAAABBBBBB

Variable visualization

ROA:-7.03%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.9%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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