MH Flex ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MH Flex ApS
MH Flex ApS (CVR number: 44056143) is a company from AARHUS. The company reported a net sales of 0.3 mDKK in 2024, demonstrating a growth of 78.7 % compared to the previous year. The operating profit percentage was at 24 % (EBIT: 0.1 mDKK), while net earnings were 48.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 52.9 %, which can be considered excellent and Return on Equity (ROE) was 62.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.3 %, 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 Flex ApS's liquidity measured by quick ratio was 2.8 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 financials2023 | 2024 | |
---|---|---|
Volume | ||
Net sales | 144.08 | 257.42 |
Gross profit | 35.68 | 64.14 |
EBIT | 34.21 | 61.65 |
Net earnings | 25.88 | 48.09 |
Shareholders equity total | 65.88 | 88.09 |
Balance sheet total (assets) | 96.08 | 137.05 |
Net debt | -60.47 | -71.20 |
Profitability | ||
EBIT-% | 23.7 % | 24.0 % |
ROA | 35.6 % | 52.9 % |
ROE | 39.3 % | 62.5 % |
ROI | 51.9 % | 80.1 % |
Economic value added (EVA) | 25.88 | 44.78 |
Solvency | ||
Equity ratio | 68.6 % | 64.3 % |
Gearing | ||
Relative net indebtedness % | -21.0 % | -8.6 % |
Liquidity | ||
Quick ratio | 4.4 | 2.8 |
Current ratio | 4.4 | 2.8 |
Cash and cash equivalents | 60.47 | 71.20 |
Capital use efficiency | ||
Trade debtors turnover (days) | 90.2 | 93.4 |
Net working capital % | 51.5 % | 34.2 % |
Credit risk | ||
Credit rating | BB | BB |
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