MILLTECH SERVICE ApS

CVR number: 35249591
Malervej 9, 2630 Taastrup

Credit rating

Company information

Official name
MILLTECH SERVICE ApS
Established
2013
Company form
Private limited company
Industry
  • Expand more icon52Warehousing and support activities for transportation

About the company

MILLTECH SERVICE ApS (CVR number: 35249591) is a company from Høje-Taastrup. The company recorded a gross profit of 161.9 kDKK in 2023. The operating profit was 161.9 kDKK, while net earnings were 90.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.5 %, which can be considered good and Return on Equity (ROE) was 13.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -52.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MILLTECH SERVICE ApS's liquidity measured by quick ratio was 1.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit-11.66-25.7026.68126.15161.95
EBIT-11.66- 560.7626.68126.15161.95
Net earnings16.10- 423.8411.6327.9290.93
Shareholders equity total- 266.89- 690.73- 679.10- 651.17- 560.24
Balance sheet total (assets)1 292.741 092.23814.64873.15501.27
Net debt425.97590.391 060.751 189.69679.04
Profitability
EBIT-%
ROA4.2 %-31.3 %1.7 %13.3 %12.5 %
ROE1.2 %-35.5 %1.2 %3.3 %13.2 %
ROI6.1 %-54.2 %2.8 %4.5 %16.6 %
Economic value added (EVA)43.13- 392.9470.46133.68159.81
Solvency
Equity ratio-17.1 %-38.7 %-45.5 %-42.7 %-52.8 %
Gearing-391.1 %-128.4 %-159.4 %-185.1 %-133.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.20.50.30.51.3
Current ratio1.20.50.30.51.3
Cash and cash equivalents617.74296.6921.9215.3867.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBCBBBBBB

Variable visualization

ROA:12.5%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-52.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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