MILLINGS NATURAL ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MILLINGS NATURAL ApS
MILLINGS NATURAL ApS (CVR number: 26685362) is a company from FREDERIKSSUND. The company recorded a gross profit of 230.8 kDKK in 2023. The operating profit was -74.3 kDKK, while net earnings were -55.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.5 %, which can be considered poor and Return on Equity (ROE) was -10.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MILLINGS NATURAL ApS's liquidity measured by quick ratio was 3.5 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 | 328.58 | 321.95 | 314.80 | 320.76 | 230.83 |
EBIT | 11.82 | 42.89 | 10.65 | 16.72 | -74.32 |
Net earnings | 13.59 | 32.76 | 7.36 | 11.59 | -55.89 |
Shareholders equity total | 496.28 | 529.04 | 536.41 | 548.00 | 492.11 |
Balance sheet total (assets) | 638.53 | 728.89 | 737.10 | 731.08 | 686.54 |
Net debt | -73.78 | -44.67 | -20.12 | - 156.25 | - 124.10 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.3 % | 6.3 % | 1.5 % | 2.3 % | -10.5 % |
ROE | 2.8 % | 6.4 % | 1.4 % | 2.1 % | -10.7 % |
ROI | 3.8 % | 7.5 % | 1.8 % | 2.7 % | -12.5 % |
Economic value added (EVA) | -4.03 | 15.17 | -12.89 | -9.29 | -74.10 |
Solvency | |||||
Equity ratio | 77.7 % | 72.6 % | 72.8 % | 75.0 % | 71.7 % |
Gearing | 11.8 % | 11.8 % | 13.4 % | 13.4 % | 15.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.5 | 3.6 | 3.7 | 4.0 | 3.5 |
Current ratio | 4.5 | 3.6 | 3.7 | 4.0 | 3.5 |
Cash and cash equivalents | 132.34 | 107.06 | 91.75 | 229.95 | 201.05 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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