MILLIT HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 34700230
Foldinggårdevej 2, 6650 Brørup

Credit rating

Company information

Official name
MILLIT HOLDING ApS
Established
2012
Company form
Private limited company
Industry

About MILLIT HOLDING ApS

MILLIT HOLDING ApS (CVR number: 34700230) is a company from VEJEN. The company recorded a gross profit of -107.4 kDKK in 2024. The operating profit was -168.4 kDKK, while net earnings were 1137.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.2 %, which can be considered excellent and Return on Equity (ROE) was 24.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MILLIT HOLDING ApS's liquidity measured by quick ratio was 3.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-11.9626.0957.0528.07- 107.43
EBIT-11.9626.0957.05145.62- 168.43
Net earnings- 104.38639.001 352.221 709.301 137.64
Shareholders equity total2 431.182 957.184 195.014 511.514 837.15
Balance sheet total (assets)2 672.224 248.615 862.345 444.265 499.39
Net debt166.011 002.60982.3220.16-34.93
Profitability
EBIT-%
ROA-3.2 %19.2 %27.5 %31.0 %20.2 %
ROE-4.1 %23.7 %37.8 %39.3 %24.3 %
ROI-3.4 %20.0 %29.6 %34.4 %22.8 %
Economic value added (EVA)107.80132.59182.33197.35- 163.03
Solvency
Equity ratio91.0 %69.6 %71.6 %82.9 %88.0 %
Gearing7.8 %36.4 %27.2 %6.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.93.04.32.63.5
Current ratio1.93.04.32.63.5
Cash and cash equivalents23.0374.74159.85273.9234.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:20.2%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.0%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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