Millennium Invest Aps

CVR number: 38390112
Teglholmsgade 12 D, 2450 København SV
mail@martinhogh.dk
tel: 22953033

Credit rating

Company information

Official name
Millennium Invest Aps
Established
2017
Company form
Private limited company
Industry
  • Expand more icon14Manufacture of wearing apparel

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit56.7685.01-28.754.18-12.61
EBIT56.7685.01-28.754.18-12.61
Net earnings42.8765.30- 114.052.7180.38
Shareholders equity total190.52200.5286.4789.18169.56
Balance sheet total (assets)222.18252.2494.12102.73691.30
Net debt-58.53-47.87-61.72-46.07346.27
Profitability
EBIT-%
ROA23.2 %35.8 %-83.1 %4.3 %23.4 %
ROE21.9 %33.4 %-79.5 %3.1 %62.1 %
ROI28.9 %43.5 %-100.3 %4.5 %23.5 %
Economic value added (EVA)45.9359.96-27.542.94-11.33
Solvency
Equity ratio85.8 %79.5 %91.9 %86.8 %24.5 %
Gearing0.0 %15.0 %307.6 %
Relative net indebtedness %
Liquidity
Quick ratio4.33.212.37.61.2
Current ratio4.33.212.37.61.2
Cash and cash equivalents58.6247.8761.7259.47175.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:23.4%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.5%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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