MH-Offshore Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 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 earnings | 599.12 | - 814.49 | - 114.32 | - 359.39 | - 145.63 |
Shareholders equity total | 1 302.74 | 488.25 | 373.94 | 14.55 | - 131.09 |
Balance sheet total (assets) | 2 801.41 | 1 843.56 | 1 623.43 | 1 280.12 | 1 980.53 |
Net debt | -1 581.04 | - 304.09 | - 171.05 | 137.00 | 279.91 |
Profitability | |||||
EBIT-% | |||||
ROA | 32.8 % | 0.8 % | 0.5 % | 0.7 % | 0.3 % |
ROE | 59.7 % | -91.0 % | -26.5 % | -185.0 % | -14.6 % |
ROI | 34.8 % | 0.9 % | 0.5 % | 0.8 % | 0.4 % |
Economic value added (EVA) | - 119.43 | - 135.22 | -95.73 | -82.10 | -62.79 |
Solvency | |||||
Equity ratio | 83.6 % | 82.9 % | 87.1 % | 79.3 % | 43.9 % |
Gearing | 93.7 % | 239.6 % | 280.0 % | 7255.0 % | -1438.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.1 | 5.8 | 7.7 | 4.8 | 1.8 |
Current ratio | 6.1 | 5.8 | 7.7 | 4.8 | 1.8 |
Cash and cash equivalents | 2 801.41 | 1 473.92 | 1 217.93 | 918.31 | 1 605.40 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BB | BBB |
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