MIL-TEK BALERS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | |||||
| EBIT | -10.40 | -10.30 | -10.30 | -10.30 | -10.30 |
| Net earnings | 5.53 | 5.50 | 5.46 | 6.16 | 6.86 |
| Shareholders equity total | 677.87 | 683.37 | 688.83 | 694.99 | 701.84 |
| Balance sheet total (assets) | 684.41 | 691.45 | 695.35 | 701.73 | 710.51 |
| Net debt | -66.41 | -91.45 | -95.35 | - 101.73 | - 108.78 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 1.1 % | 1.1 % | 1.1 % | 1.1 % | 1.2 % |
| ROE | 0.8 % | 0.8 % | 0.8 % | 0.9 % | 1.0 % |
| ROI | 1.1 % | 1.1 % | 1.1 % | 1.1 % | 1.3 % |
| Economic value added (EVA) | -41.95 | -42.11 | -42.40 | -42.65 | -42.96 |
| Solvency | |||||
| Equity ratio | 99.0 % | 98.8 % | 99.1 % | 99.0 % | 98.8 % |
| Gearing | 0.2 % | ||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 104.7 | 85.6 | 106.7 | 104.1 | 81.9 |
| Current ratio | 104.7 | 85.6 | 106.7 | 104.1 | 81.9 |
| Cash and cash equivalents | 66.41 | 91.45 | 95.35 | 101.73 | 110.52 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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