MT Højgaard Property Development A/S — Credit Rating and Financial Key Figures

CVR number: 35865829
Knud Højgaards Vej 7, 2860 Søborg
mail@mth.dk
tel: 70122400

Company information

Official name
MT Højgaard Property Development A/S
Personnel
29 persons
Established
2014
Company form
Limited company
Industry

About MT Højgaard Property Development A/S

MT Højgaard Property Development A/S (CVR number: 35865829) is a company from GLADSAXE. The company reported a net sales of 323.5 mDKK in 2024, demonstrating a decline of -2 % compared to the previous year. The operating profit percentage was at 2.4 % (EBIT: 7.9 mDKK), while net earnings were 15 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good and Return on Equity (ROE) was 12.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 21.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MT Højgaard Property Development A/S's liquidity measured by quick ratio was 1.1 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales180.62288.51330.18323.47
Gross profit-28.121.436.3621.19
EBIT-0.01-63.80-18.30-9.367.90
Net earnings-0.00-14.9523.455.9614.97
Shareholders equity total0.5079.22102.66108.62123.73
Balance sheet total (assets)0.85573.74831.57561.86506.91
Net debt365.82201.98
Profitability
EBIT-%-35.3 %-6.3 %-2.8 %2.4 %
ROA-1.6 %-22.2 %-2.6 %3.6 %9.0 %
ROE-0.2 %-37.5 %25.8 %5.6 %12.9 %
ROI-1.6 %-22.2 %-2.6 %3.7 %10.7 %
Economic value added (EVA)-0.01-63.83-22.28-11.934.71
Solvency
Equity ratio100.0 %100.0 %100.0 %18.3 %21.7 %
Gearing361.1 %209.8 %
Relative net indebtedness %129.3 %100.7 %
Liquidity
Quick ratio1.01.1
Current ratio1.11.1
Cash and cash equivalents26.3557.57
Capital use efficiency
Trade debtors turnover (days)45.058.8
Net working capital %-0.7 %6.6 %
Credit risk
Credit ratingBBBBBBBBBBBAA

Variable visualization

ROA:9.02%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.7%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Chairman of the board
Board member

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