Millennium Invest Aps — Credit Rating and Financial Key Figures
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 -5.3 kDKK in 2024. The operating profit was -5.3 kDKK, while net earnings were 86.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.7 %, which can be considered excellent and Return on Equity (ROE) was 40.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.5 %, 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 1.4 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 85.01 | -28.75 | 4.18 | -12.61 | -5.26 |
EBIT | 85.01 | -28.75 | 4.18 | -12.61 | -5.26 |
Net earnings | 65.30 | - 114.05 | 2.71 | 80.38 | 86.09 |
Shareholders equity total | 200.52 | 86.47 | 89.18 | 169.56 | 255.65 |
Balance sheet total (assets) | 252.24 | 94.12 | 102.73 | 691.30 | 787.51 |
Net debt | -47.87 | -61.72 | -46.07 | 346.27 | 284.07 |
Profitability | |||||
EBIT-% | |||||
ROA | 35.8 % | -83.1 % | 4.3 % | 23.4 % | 15.7 % |
ROE | 33.4 % | -79.5 % | 3.1 % | 62.1 % | 40.5 % |
ROI | 43.5 % | -100.3 % | 4.5 % | 23.5 % | 15.8 % |
Economic value added (EVA) | 56.47 | -30.49 | -0.16 | -14.99 | -38.84 |
Solvency | |||||
Equity ratio | 79.5 % | 91.9 % | 86.8 % | 24.5 % | 32.5 % |
Gearing | 15.0 % | 307.6 % | 204.2 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.2 | 12.3 | 7.6 | 1.2 | 1.4 |
Current ratio | 3.2 | 12.3 | 7.6 | 1.2 | 1.4 |
Cash and cash equivalents | 47.87 | 61.72 | 59.47 | 175.32 | 237.92 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | B | BB | BB | BBB |
Variable visualization
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