M2H HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About M2H HOLDING ApS
M2H HOLDING ApS (CVR number: 27739849) is a company from RUDERSDAL. The company recorded a gross profit of -41.9 kDKK in 2023. The operating profit was -285.8 kDKK, while net earnings were -89.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak but Return on Equity (ROE) was -0.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.9 %, 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. M2H HOLDING ApS's liquidity measured by quick ratio was 1.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 105.35 | -70.89 | - 124.69 | -82.28 | -41.90 |
EBIT | - 240.80 | - 337.58 | - 368.73 | - 326.17 | - 285.77 |
Net earnings | 92.91 | 250.57 | 692.44 | 5 333.44 | -89.20 |
Shareholders equity total | 35 453.79 | 35 576.55 | 36 151.75 | 40 133.63 | 39 924.43 |
Balance sheet total (assets) | 43 836.62 | 39 212.28 | 46 178.12 | 52 920.41 | 56 311.93 |
Net debt | 3 546.53 | -4 528.92 | - 484.37 | 1 604.86 | -2 380.93 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.2 % | 1.6 % | 1.7 % | 11.8 % | 2.5 % |
ROE | 0.3 % | 0.7 % | 1.9 % | 14.0 % | -0.2 % |
ROI | 1.2 % | 1.7 % | 1.8 % | 12.3 % | 1.4 % |
Economic value added (EVA) | - 621.65 | - 630.75 | - 550.62 | - 276.79 | 62.44 |
Solvency | |||||
Equity ratio | 80.9 % | 90.7 % | 78.3 % | 75.8 % | 70.9 % |
Gearing | 20.1 % | 6.2 % | 20.8 % | 28.2 % | 37.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.4 | 4.6 | 1.9 | 1.3 | 1.5 |
Current ratio | 2.4 | 4.6 | 1.9 | 1.3 | 1.5 |
Cash and cash equivalents | 3 575.53 | 6 721.53 | 8 015.38 | 9 729.90 | 17 148.09 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | AA | AA | A |
Variable visualization
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