Milk 2 Market Holding aps — Credit Rating and Financial Key Figures
Credit rating
Company information
About Milk 2 Market Holding aps
Milk 2 Market Holding aps (CVR number: 39037203) is a company from HOLBÆK. The company recorded a gross profit of -24.5 kDKK in 2023. The operating profit was -160.2 kDKK, while net earnings were -134.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -21.8 %, which can be considered poor and Return on Equity (ROE) was -21.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -26.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Milk 2 Market Holding aps's liquidity measured by quick ratio was 4.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -25.37 | -19.45 | -24.23 | -20.14 | -24.51 |
EBIT | -25.37 | - 155.16 | - 159.94 | - 155.85 | - 160.23 |
Net earnings | -74.59 | - 134.43 | - 138.93 | 328.14 | - 134.81 |
Shareholders equity total | -98.09 | - 232.52 | - 371.45 | -43.31 | - 178.11 |
Balance sheet total (assets) | 1 197.63 | 1 028.17 | 872.58 | 731.91 | 504.94 |
Net debt | - 196.33 | -32.30 | -1.65 | -5.60 | -3.51 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.7 % | -12.0 % | -12.6 % | 37.7 % | -21.8 % |
ROE | -6.1 % | -12.1 % | -14.6 % | 40.9 % | -21.8 % |
ROI | -4.1 % | -12.1 % | -12.8 % | 39.8 % | -23.6 % |
Economic value added (EVA) | 5.19 | -74.14 | -81.11 | -91.14 | - 107.44 |
Solvency | |||||
Equity ratio | -7.6 % | -18.4 % | -29.9 % | -5.6 % | -26.1 % |
Gearing | -16.2 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 8.7 | 17.1 | 12.9 | 2.1 | 4.1 |
Current ratio | 8.7 | 17.1 | 12.9 | 2.1 | 4.1 |
Cash and cash equivalents | 212.18 | 32.30 | 1.65 | 5.60 | 3.51 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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