MILLARCO INTERNATIONAL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MILLARCO INTERNATIONAL A/S
MILLARCO INTERNATIONAL A/S (CVR number: 10280087) is a company from AARHUS. The company recorded a gross profit of 56.5 mDKK in 2024. The operating profit was 14.2 mDKK, while net earnings were 6980.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.5 %, which can be considered decent but Return on Equity (ROE) was 11.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 31.5 %, 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. MILLARCO INTERNATIONAL A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 34 572.05 | 49 218.16 | 44 546.05 | 50 326.09 | 56 465.08 |
EBIT | 7 788.28 | 19 444.33 | 9 140.04 | 12 078.03 | 14 173.11 |
Net earnings | 8 247.25 | 22 195.69 | 8 539.77 | 6 368.04 | 6 980.44 |
Shareholders equity total | 36 100.18 | 56 083.28 | 55 596.86 | 56 498.28 | 61 842.97 |
Balance sheet total (assets) | 116 141.62 | 204 848.12 | 252 704.18 | 212 179.33 | 196 296.19 |
Net debt | 50 881.14 | 89 888.45 | 169 517.22 | 111 837.85 | 78 262.99 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.5 % | 17.3 % | 5.8 % | 6.4 % | 7.5 % |
ROE | 24.8 % | 48.2 % | 15.3 % | 11.4 % | 11.8 % |
ROI | 12.3 % | 23.5 % | 7.1 % | 7.5 % | 9.7 % |
Economic value added (EVA) | 4 537.14 | 13 598.05 | 5 023.68 | 7 072.57 | 8 403.11 |
Solvency | |||||
Equity ratio | 31.1 % | 27.4 % | 22.0 % | 26.6 % | 31.5 % |
Gearing | 141.9 % | 160.6 % | 306.0 % | 200.0 % | 133.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.5 | 0.4 | 0.5 | 0.5 |
Current ratio | 1.4 | 1.3 | 1.2 | 1.3 | 1.5 |
Cash and cash equivalents | 333.20 | 202.11 | 627.52 | 1 185.01 | 4 486.01 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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