Supplier assessment

MH Technology AS

Org. no. 928987108 · Informasjon og kommunikasjon · LEVANGER

Not financial advice. The assessment is based on open data and fixed rules. It does not replace your own checks of the supplier, a credit report or the requirements of procurement law. Read more

Grade C Middling, worth a closer look

Points60 of 100, weighted

Fiscal year2024 The accounts for 2025 are missing

The latest annual accounts have not been filed: the grade cannot be better than C.

The grade is computed by fixed rules from the accounts, the register status and the contracts in Doffin. It is not made by AI.

Red flags

High: The operating result does not cover the financial costs. How will the debt be serviced, and what do the lenders say?
High: Current liabilities exceed current assets.
Watch: The company had a loss before tax in its latest accounts.
Watch: Current liabilities exceed current assets other than bank deposits, and the current ratio is weak. Is it customer prepayments and supplier credit that fund the operations, or short-term loans that must be renewed?
Watch: Receivables rose from 73 to 188.7847942612105 days of revenue in one year.

Made by fixed rules from the latest accounts, the Register of Business Enterprises and the number check. A list of things to examine, not a credit rating.

Assessment · written from fixed rules

MH Technology AS gets grade C on the figures.

The figures are mixed. Some areas are good, others should be clarified before a larger contract.

Strengths

The equity ratio is 67.9%, which gives a good buffer against losses.

Risks

The current ratio is 0.78: current liabilities exceed current assets.
The operating margin is negative, −8.3%.
The latest annual accounts have not been filed: the grade cannot be better than C.

Questions to ask

Ask how the company will fund its operations through the contract period.
Ask for references from similar assignments.
Ask for the latest annual accounts or an updated interim balance sheet.

This text is put together from fixed sentences. An AI-generated assessment follows once it has been written and checked.

How the grade is set

How the grade is set
Area	Points (0–100)	Weight	Basis
Solidity	100	30 %	Equity ratio 67.9%
Liquidity	38	20 %	Current ratio 0.78
Profitability	15	20 %	Operating margin −8.3%
Size and capacity	70	10 %	Largest contract against revenue, or revenue when there are no contracts

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Method

The grade is computed by fixed rules. Each area gets points from 0 to 100, and the points are weighted. Between the thresholds the points run smoothly, so a company with 38 % equity gets nearly the same as one with 40 %, not a whole step less. A missing area is left out and its weight shared among the rest. A is 80 points or more, B 65, C 50, D 35, and E below that.

Solidity (30 %): equity ratio. 0 % gives 25 points, 10 % gives 45, 20 % gives 65, 30 % gives 85 and 40 % or more gives 100, smoothly in between. Negative equity gives 0.
Liquidity (20 %): current ratio. 0.5 gives 10 points, 0.8 gives 40, 1.0 gives 55, 1.2 gives 70, 1.5 gives 85 and 2.0 or more gives 100, smoothly in between.
Profitability (20 %): average of operating and profit margin. 0 % gives 55 points, 5 % gives 80 and 10 % or more gives 100, smoothly in between. A negative margin gives 15.
Size and capacity (10 %): the largest Doffin contract against revenue. Under 10 % gives 100 points, under 30 % gives 70, under 60 % gives 40, otherwise 15. Without contracts revenue counts: 1 MNOK gives 50, 10 MNOK gives 70, 50 MNOK gives 85 and 1,000 MNOK or more gives 100, smoothly in between.
Experience from public contracts (20 %): contracts won in Doffin in the last five years. 10 or more gives 100 points, 3 gives 85 and 1 gives 65. Contracts from at least three different buyers give 10 points extra. No contracts do not count: many sound companies do not sell to the public sector, so the area is left out and its weight shared among the rest.

Hard signals override: bankruptcy or winding-up gives E, negative equity at most D, and missing annual accounts at most C.

The written assessment is written by artificial intelligence from the same figures and labelled «AI-generated». Every number in it is checked against the database before it is shown; if the check fails, text put together from fixed rules is shown. AI does not set the grade.

The assessment is an indication based on public data: the latest annual accounts from the Brønnøysund Register Centre and contracts in Doffin. It is not a credit rating and not advice to choose or reject a supplier. The page is not indexed by search engines.