MIL-TEK DANMARK A/S

CVR number: 26889855
Torstedvej 6-8, 6990 Ulfborg
info@miltek.dk
tel: 96758100

Credit rating

Company information

Official name
MIL-TEK DANMARK A/S
Personnel
32 persons
Established
2002
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About MIL-TEK DANMARK A/S

MIL-TEK DANMARK A/S (CVR number: 26889855) is a company from HOLSTEBRO. The company recorded a gross profit of 15.4 mDKK in 2023. The operating profit was 3016.2 kDKK, while net earnings were 1543.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak and Return on Equity (ROE) was 3.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 60.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MIL-TEK DANMARK A/S's liquidity measured by quick ratio was 0.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit13 689.0012 330.5014 514.0016 336.5615 387.72
EBIT2 275.003 820.783 076.184 516.923 016.20
Net earnings1 297.001 829.472 817.293 616.391 543.19
Shareholders equity total43 525.0045 354.3348 171.6151 488.0049 331.19
Balance sheet total (assets)67 891.0067 667.1664 595.6080 899.1182 120.50
Net debt14 029.0010 556.005 479.3216 493.4420 511.38
Profitability
EBIT-%
ROA3.6 %6.1 %6.2 %6.8 %3.9 %
ROE3.0 %4.1 %6.0 %7.3 %3.1 %
ROI4.1 %6.8 %6.9 %7.9 %4.5 %
Economic value added (EVA)-1 009.83322.91-22.171 004.78- 262.75
Solvency
Equity ratio64.1 %67.0 %74.6 %63.6 %60.1 %
Gearing36.2 %33.1 %15.6 %32.0 %42.2 %
Relative net indebtedness %
Liquidity
Quick ratio3.14.52.41.00.6
Current ratio6.89.76.93.22.9
Cash and cash equivalents1 720.004 464.642 049.546.19302.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:3.89%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.1%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member

Companies in the same industry

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