MILVANG HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 26335965
Elme Alle 5, 2650 Hvidovre
jorn@milvang-jensen.dk
tel: 36721244

Credit rating

Company information

Official name
MILVANG HOLDING ApS
Established
2001
Company form
Private limited company
Industry

About MILVANG HOLDING ApS

MILVANG HOLDING ApS (CVR number: 26335965) is a company from HVIDOVRE. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -31.9 kDKK, while net earnings were 2.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak and Return on Equity (ROE) was 0.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MILVANG HOLDING ApS's liquidity measured by quick ratio was 4.9 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit
EBIT-30.13-32.77-36.34-30.56-31.86
Net earnings-58.44196.58- 125.6545.402.26
Shareholders equity total792.89939.47743.82789.22756.47
Balance sheet total (assets)805.56956.94756.25799.62762.78
Net debt-20.91-2.93-45.48-63.64-17.64
Profitability
EBIT-%
ROA1.8 %22.3 %4.0 %6.4 %0.3 %
ROE-6.9 %22.7 %-14.9 %5.9 %0.3 %
ROI1.8 %22.5 %4.0 %6.5 %0.3 %
Economic value added (EVA)-74.47-71.54-82.85-65.34-68.12
Solvency
Equity ratio98.4 %98.2 %98.4 %98.7 %99.2 %
Gearing0.1 %1.2 %0.8 %0.5 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.31.25.38.74.9
Current ratio2.31.25.38.74.9
Cash and cash equivalents21.3413.8951.6667.7917.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBABBB

Variable visualization

ROA:0.29%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.2%
Rating: 87/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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