MILLFARM INVEST ApS — Credit Rating and Financial Key Figures

CVR number: 35049878
Dybdalgårdvej 5, 5750 Ringe
5millfarm@gmail.com
tel: 40209671

Company information

Official name
MILLFARM INVEST ApS
Established
2013
Company form
Private limited company
Industry

About MILLFARM INVEST ApS

MILLFARM INVEST ApS (CVR number: 35049878) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of -0.1 kDKK in 2023. The operating profit was -0.1 kDKK, while net earnings were 318.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16 %, which can be considered excellent and Return on Equity (ROE) was 18.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.1 %, 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 3.4 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 profit-23.44-0.94-4.07-4.16-0.06
EBIT-23.44-0.94-4.07-4.16-0.06
Net earnings308.47342.3181.94437.10318.10
Shareholders equity total909.411 196.421 221.861 601.761 860.96
Balance sheet total (assets)2 020.232 466.472 189.742 257.472 616.66
Net debt- 941.53-1 301.26-1 247.36-1 502.28-1 857.03
Profitability
EBIT-%
ROA22.7 %20.8 %19.6 %20.1 %16.0 %
ROE39.4 %32.5 %6.8 %31.0 %18.4 %
ROI23.0 %22.4 %22.1 %21.1 %16.2 %
Economic value added (EVA)22.5652.9051.8238.3730.72
Solvency
Equity ratio45.0 %48.5 %55.8 %71.0 %71.1 %
Gearing109.3 %79.4 %62.5 %40.9 %37.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.92.23.43.4
Current ratio2.01.92.23.43.4
Cash and cash equivalents1 935.872 250.972 011.322 157.992 555.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:16.0%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.1%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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