Milkshake ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Milkshake ApS
Milkshake ApS (CVR number: 38524836) is a company from FREDERIKSBERG. The company reported a net sales of 0.7 mDKK in 2023, demonstrating a decline of -39.8 % compared to the previous year. The operating profit percentage was poor at -26 % (EBIT: -0.2 mDKK), while net earnings were -176 kDKK. The profitability of the company measured by Return on Assets (ROA) was -90.2 %, which can be considered poor and Return on Equity (ROE) was -155 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -26.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Milkshake ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 722.21 | 826.94 | 1 185.51 | 1 113.64 | 670.48 |
Gross profit | 558.84 | 577.50 | 974.35 | 887.23 | 503.04 |
EBIT | 160.25 | 6.43 | -27.43 | 57.22 | - 174.02 |
Net earnings | 124.93 | 2.15 | -23.85 | 51.07 | - 176.00 |
Shareholders equity total | 125.73 | 127.88 | 94.76 | 147.23 | -28.78 |
Balance sheet total (assets) | 226.81 | 225.99 | 295.79 | 277.21 | 79.81 |
Net debt | -96.28 | - 216.92 | - 189.25 | - 148.87 | -18.38 |
Profitability | |||||
EBIT-% | 22.2 % | 0.8 % | -2.3 % | 5.1 % | -26.0 % |
ROA | 50.5 % | 2.8 % | -8.9 % | 21.6 % | -90.2 % |
ROE | 47.6 % | 1.7 % | -21.4 % | 42.2 % | -155.0 % |
ROI | 254.9 % | 5.1 % | -21.0 % | 51.2 % | -236.4 % |
Economic value added (EVA) | 144.48 | 4.95 | -22.95 | 53.36 | - 173.94 |
Solvency | |||||
Equity ratio | 55.4 % | 56.6 % | 32.0 % | 53.1 % | -26.5 % |
Gearing | |||||
Relative net indebtedness % | 0.7 % | -14.4 % | 1.0 % | -1.7 % | 13.5 % |
Liquidity | |||||
Quick ratio | 2.1 | 2.2 | 1.4 | 2.1 | 0.7 |
Current ratio | 2.1 | 2.2 | 1.4 | 2.1 | 0.7 |
Cash and cash equivalents | 96.28 | 216.92 | 189.25 | 148.87 | 18.38 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 59.1 | 31.4 | 42.1 | 33.4 | |
Net working capital % | 2.2 % | 14.4 % | 7.6 % | 13.2 % | -4.3 % |
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | BB |
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