MIL-TEK BALERS A/S — Credit Rating and Financial Key Figures

CVR number: 15767340
Torstedvej 6-8, 6990 Ulfborg
info@miltek.dk
tel: 96758100
Free credit report Annual report

Company information

Official name
MIL-TEK BALERS A/S
Established
1991
Company form
Limited company
Industry

About MIL-TEK BALERS A/S

MIL-TEK BALERS A/S (CVR number: 15767340) is a company from HOLSTEBRO. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was -10.3 kDKK, while net earnings were 6.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak and Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MIL-TEK BALERS A/S's liquidity measured by quick ratio was 81.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit
EBIT-10.40-10.30-10.30-10.30-10.30
Net earnings5.535.505.466.166.86
Shareholders equity total677.87683.37688.83694.99701.84
Balance sheet total (assets)684.41691.45695.35701.73710.51
Net debt-66.41-91.45-95.35- 101.73- 108.78
Profitability
EBIT-%
ROA1.1 %1.1 %1.1 %1.1 %1.2 %
ROE0.8 %0.8 %0.8 %0.9 %1.0 %
ROI1.1 %1.1 %1.1 %1.1 %1.3 %
Economic value added (EVA)-41.95-42.11-42.40-42.65-42.96
Solvency
Equity ratio99.0 %98.8 %99.1 %99.0 %98.8 %
Gearing0.2 %
Relative net indebtedness %
Liquidity
Quick ratio104.785.6106.7104.181.9
Current ratio104.785.6106.7104.181.9
Cash and cash equivalents66.4191.4595.35101.73110.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:1.24%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.8%
Rating: 81/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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