MILLFARM INVEST ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MILLFARM INVEST ApS
MILLFARM INVEST ApS (CVR number: 35049878) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of -7.7 kDKK in 2024. The operating profit was -7.7 kDKK, while net earnings were 70.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak and Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 69.2 %, 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. MILLFARM INVEST ApS's liquidity measured by quick ratio was 3.2 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -0.94 | -4.07 | -4.16 | -0.06 | -7.67 |
EBIT | -0.94 | -4.07 | -4.16 | -0.06 | -7.67 |
Net earnings | 342.31 | 81.94 | 437.10 | 318.10 | 70.64 |
Shareholders equity total | 1 196.42 | 1 221.86 | 1 601.76 | 1 860.96 | 1 870.60 |
Balance sheet total (assets) | 2 466.47 | 2 189.74 | 2 257.47 | 2 616.66 | 2 704.98 |
Net debt | -1 301.26 | -1 247.36 | -1 502.28 | -1 857.03 | -1 594.05 |
Profitability | |||||
EBIT-% | |||||
ROA | 20.8 % | 19.6 % | 20.1 % | 16.0 % | 3.6 % |
ROE | 32.5 % | 6.8 % | 31.0 % | 18.4 % | 3.8 % |
ROI | 22.4 % | 22.1 % | 21.1 % | 16.2 % | 3.6 % |
Economic value added (EVA) | -96.36 | - 111.02 | - 103.09 | - 113.48 | - 134.60 |
Solvency | |||||
Equity ratio | 48.5 % | 55.8 % | 71.0 % | 71.1 % | 69.2 % |
Gearing | 79.4 % | 62.5 % | 40.9 % | 37.5 % | 44.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 2.2 | 3.4 | 3.4 | 3.2 |
Current ratio | 1.9 | 2.2 | 3.4 | 3.4 | 3.2 |
Cash and cash equivalents | 2 250.97 | 2 011.32 | 2 157.99 | 2 555.74 | 2 424.10 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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