MILLE EJENDOMME ApS — Credit Rating and Financial Key Figures

MILLE EJENDOMME ApS (CVR number: 32148786) is a company from KALUNDBORG. The company recorded a gross profit of 905.8 kDKK in 2023. The operating profit was 835 kDKK, while net earnings were 406.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent but Return on Equity (ROE) was 10.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 29.7 %, 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. MILLE EJENDOMME ApS's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.