Millennium Invest Aps
Credit rating
Company information
About Millennium Invest Aps
Millennium Invest Aps (CVR number: 38390112) is a company from KØBENHAVN. The company recorded a gross profit of -12.6 kDKK in 2023. The operating profit was -12.6 kDKK, while net earnings were 80.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.4 %, which can be considered excellent and Return on Equity (ROE) was 62.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.5 %, 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. Millennium Invest Aps's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 56.76 | 85.01 | -28.75 | 4.18 | -12.61 |
EBIT | 56.76 | 85.01 | -28.75 | 4.18 | -12.61 |
Net earnings | 42.87 | 65.30 | - 114.05 | 2.71 | 80.38 |
Shareholders equity total | 190.52 | 200.52 | 86.47 | 89.18 | 169.56 |
Balance sheet total (assets) | 222.18 | 252.24 | 94.12 | 102.73 | 691.30 |
Net debt | -58.53 | -47.87 | -61.72 | -46.07 | 346.27 |
Profitability | |||||
EBIT-% | |||||
ROA | 23.2 % | 35.8 % | -83.1 % | 4.3 % | 23.4 % |
ROE | 21.9 % | 33.4 % | -79.5 % | 3.1 % | 62.1 % |
ROI | 28.9 % | 43.5 % | -100.3 % | 4.5 % | 23.5 % |
Economic value added (EVA) | 45.93 | 59.96 | -27.54 | 2.94 | -11.33 |
Solvency | |||||
Equity ratio | 85.8 % | 79.5 % | 91.9 % | 86.8 % | 24.5 % |
Gearing | 0.0 % | 15.0 % | 307.6 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.3 | 3.2 | 12.3 | 7.6 | 1.2 |
Current ratio | 4.3 | 3.2 | 12.3 | 7.6 | 1.2 |
Cash and cash equivalents | 58.62 | 47.87 | 61.72 | 59.47 | 175.32 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | B | B | BB |
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