MILLINGS NATURAL ApS — Credit Rating and Financial Key Figures

CVR number: 26685362
Bykærvej 4, 3600 Frederikssund

Credit rating

Company information

Official name
MILLINGS NATURAL ApS
Personnel
2 persons
Established
2002
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit328.58321.95314.80320.76230.83
EBIT11.8242.8910.6516.72-74.32
Net earnings13.5932.767.3611.59-55.89
Shareholders equity total496.28529.04536.41548.00492.11
Balance sheet total (assets)638.53728.89737.10731.08686.54
Net debt-73.78-44.67-20.12- 156.25- 124.10
Profitability
EBIT-%
ROA3.3 %6.3 %1.5 %2.3 %-10.5 %
ROE2.8 %6.4 %1.4 %2.1 %-10.7 %
ROI3.8 %7.5 %1.8 %2.7 %-12.5 %
Economic value added (EVA)-4.0315.17-12.89-9.29-74.10
Solvency
Equity ratio77.7 %72.6 %72.8 %75.0 %71.7 %
Gearing11.8 %11.8 %13.4 %13.4 %15.6 %
Relative net indebtedness %
Liquidity
Quick ratio4.53.63.74.03.5
Current ratio4.53.63.74.03.5
Cash and cash equivalents132.34107.0691.75229.95201.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-10.5%
Rating: 10/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.7%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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