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 -10.7 kDKK in 2023. The operating profit was -10.7 kDKK, while net earnings were -359.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak but Return on Equity (ROE) was -185 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.3 %, 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-Offshore Holding ApS's liquidity measured by quick ratio was 4.8 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -6.69 | -9.75 | -8.43 | -12.41 | -10.70 |
EBIT | -6.69 | -9.75 | -8.43 | -12.41 | -10.70 |
Net earnings | 319.49 | 599.12 | - 814.49 | - 114.32 | - 359.39 |
Shareholders equity total | 703.62 | 1 302.74 | 488.25 | 373.94 | 14.55 |
Balance sheet total (assets) | 2 241.30 | 2 801.41 | 1 843.56 | 1 623.43 | 1 280.12 |
Net debt | - 678.70 | -1 581.04 | - 304.09 | - 171.05 | 137.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 22.9 % | 32.8 % | 0.8 % | 0.5 % | 0.7 % |
ROE | 58.7 % | 59.7 % | -91.0 % | -26.5 % | -185.0 % |
ROI | 23.2 % | 34.8 % | 0.9 % | 0.5 % | 0.8 % |
Economic value added (EVA) | 62.66 | 67.63 | 66.88 | 37.12 | 31.71 |
Solvency | |||||
Equity ratio | 77.8 % | 83.6 % | 82.9 % | 87.1 % | 79.3 % |
Gearing | 216.3 % | 93.7 % | 239.6 % | 280.0 % | 7255.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.5 | 6.1 | 5.8 | 7.7 | 4.8 |
Current ratio | 4.5 | 6.1 | 5.8 | 7.7 | 4.8 |
Cash and cash equivalents | 2 200.72 | 2 801.41 | 1 473.92 | 1 217.93 | 918.31 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BB |
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