MH-Offshore Holding ApS — Credit Rating and Financial Key Figures

CVR number: 37095710
Havdigevej 39, 6700 Esbjerg
mik@mho-co.dk
tel: 53624645
https://mho-co.dk/
Free credit report Annual report

Credit rating

Company information

Official name
MH-Offshore Holding ApS
Established
2015
Company form
Private limited company
Industry

About MH-Offshore Holding ApS

MH-Offshore Holding ApS (CVR number: 37095710) is a company from ESBJERG. The company recorded a gross profit of -9 kDKK in 2024. The operating profit was -9 kDKK, while net earnings were -145.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak but Return on Equity (ROE) was -14.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43.9 %, 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-Offshore Holding ApS's liquidity measured by quick ratio was 1.8 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-9.75-8.43-12.41-10.70-9.03
EBIT-9.75-8.43-12.41-10.70-9.03
Net earnings599.12- 814.49- 114.32- 359.39- 145.63
Shareholders equity total1 302.74488.25373.9414.55- 131.09
Balance sheet total (assets)2 801.411 843.561 623.431 280.121 980.53
Net debt-1 581.04- 304.09- 171.05137.00279.91
Profitability
EBIT-%
ROA32.8 %0.8 %0.5 %0.7 %0.3 %
ROE59.7 %-91.0 %-26.5 %-185.0 %-14.6 %
ROI34.8 %0.9 %0.5 %0.8 %0.4 %
Economic value added (EVA)- 119.43- 135.22-95.73-82.10-62.79
Solvency
Equity ratio83.6 %82.9 %87.1 %79.3 %43.9 %
Gearing93.7 %239.6 %280.0 %7255.0 %-1438.2 %
Relative net indebtedness %
Liquidity
Quick ratio6.15.87.74.81.8
Current ratio6.15.87.74.81.8
Cash and cash equivalents2 801.411 473.921 217.93918.311 605.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:0.34%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.9%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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