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MILLARCO HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MILLARCO HOLDING A/S
MILLARCO HOLDING A/S (CVR number: 25622952) is a company from AARHUS. The company recorded a gross profit of -106.1 kDKK in 2025. The operating profit was -247.1 kDKK, while net earnings were 15.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.7 %, which can be considered excellent and Return on Equity (ROE) was 19.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 96.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MILLARCO HOLDING A/S's liquidity measured by quick ratio was 6.4 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -4.20 | -14.60 | -47.39 | - 124.42 | - 106.12 |
| EBIT | -4.20 | - 114.60 | - 167.39 | - 475.42 | - 247.12 |
| Net earnings | 20 221.72 | 8 282.97 | 7 174.64 | 6 531.89 | 15 118.35 |
| Shareholders equity total | 60 557.99 | 65 520.01 | 70 758.79 | 75 982.08 | 82 490.03 |
| Balance sheet total (assets) | 66 604.86 | 66 084.15 | 72 537.63 | 76 016.58 | 85 617.44 |
| Net debt | 6 006.45 | -37.69 | -79.63 | - 219.76 | 1 662.65 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 35.6 % | 12.5 % | 10.3 % | 8.9 % | 18.7 % |
| ROE | 40.4 % | 13.1 % | 10.5 % | 8.9 % | 19.1 % |
| ROI | 35.8 % | 12.6 % | 10.5 % | 9.1 % | 18.9 % |
| Economic value added (EVA) | -2 341.42 | -3 436.03 | -3 463.84 | -4 176.36 | -4 138.31 |
| Solvency | |||||
| Equity ratio | 90.9 % | 99.1 % | 97.5 % | 100.0 % | 96.3 % |
| Gearing | 10.0 % | 2.3 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.7 | 19.5 | 9.4 | 523.2 | 6.4 |
| Current ratio | 0.7 | 19.5 | 9.4 | 523.2 | 6.4 |
| Cash and cash equivalents | 35.42 | 37.69 | 79.63 | 219.76 | 235.35 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | AA | AA |
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