Mileway Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 39842769
Jydekrogen 7, 2625 Vallensbæk

Credit rating

Company information

Official name
Mileway Denmark ApS
Personnel
7 persons
Established
2018
Company form
Private limited company
Industry

About Mileway Denmark ApS

Mileway Denmark ApS (CVR number: 39842769) is a company from VALLENSBÆK. The company recorded a gross profit of 4821.3 kDKK in 2023. The operating profit was 325.3 kDKK, while net earnings were 252.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak but Return on Equity (ROE) was 31.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 5.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Mileway Denmark ApS's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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-98.23975.772 591.064 381.934 821.33
EBIT-98.23176.58277.55350.47325.33
Net earnings- 101.14166.84187.80257.45252.15
Shareholders equity total-14.28227.14414.94672.39924.55
Balance sheet total (assets)1 547.205 171.9310 658.0521 548.4717 366.56
Net debt1 420.651 864.253 254.5811 624.5813 119.35
Profitability
EBIT-%
ROA-11.3 %5.4 %3.5 %2.2 %1.7 %
ROE-12.5 %18.8 %58.5 %47.4 %31.6 %
ROI-12.3 %8.3 %4.8 %2.6 %1.9 %
Economic value added (EVA)-91.52178.92249.24516.02535.33
Solvency
Equity ratio-0.9 %4.4 %3.9 %3.1 %5.3 %
Gearing-10445.2 %1125.3 %1992.4 %2634.1 %1592.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.11.01.01.1
Current ratio1.01.11.01.01.1
Cash and cash equivalents70.82691.625 012.506 086.631 604.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:1.68%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:5.32%
Rating: 6/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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