MH1 ApS — Credit Rating and Financial Key Figures

CVR number: 29132062
Park Allé 11, 8000 Aarhus C
ole.l.madsen@cs.au.dk
tel: 20154451

Credit rating

Company information

Official name
MH1 ApS
Established
2005
Company form
Private limited company
Industry

About MH1 ApS

MH1 ApS (CVR number: 29132062) is a company from AARHUS. The company recorded a gross profit of -79 kDKK in 2023. The operating profit was -79 kDKK, while net earnings were 5216.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good and Return on Equity (ROE) was 9.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MH1 ApS's liquidity measured by quick ratio was 296.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-39.22-54.62-78.14-75.31-78.98
EBIT-39.22-54.62-78.14-75.31-78.98
Net earnings1 320.66635.572 026.9559 425.505 216.70
Shareholders equity total16 646.0816 931.6518 333.5958 474.1055 090.80
Balance sheet total (assets)17 011.4017 171.8718 977.1658 662.4155 277.48
Net debt-11 426.84-11 589.88-14 872.81-58 450.43-55 197.48
Profitability
EBIT-%
ROA9.6 %4.9 %13.7 %161.2 %9.3 %
ROE8.1 %3.8 %11.5 %154.7 %9.2 %
ROI9.7 %5.0 %14.0 %163.0 %9.3 %
Economic value added (EVA)- 368.66- 304.71- 332.68- 249.21- 997.54
Solvency
Equity ratio97.9 %98.6 %96.6 %99.7 %99.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio31.748.923.3311.5296.1
Current ratio31.748.923.3311.5296.1
Cash and cash equivalents11 426.8411 589.8814 872.8158 450.4355 197.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:9.31%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 95/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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