MILLFARM INVEST ApS — Credit Rating and Financial Key Figures

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

Credit rating

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 -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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
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 earnings342.3181.94437.10318.1070.64
Shareholders equity total1 196.421 221.861 601.761 860.961 870.60
Balance sheet total (assets)2 466.472 189.742 257.472 616.662 704.98
Net debt-1 301.26-1 247.36-1 502.28-1 857.03-1 594.05
Profitability
EBIT-%
ROA20.8 %19.6 %20.1 %16.0 %3.6 %
ROE32.5 %6.8 %31.0 %18.4 %3.8 %
ROI22.4 %22.1 %21.1 %16.2 %3.6 %
Economic value added (EVA)-96.36- 111.02- 103.09- 113.48- 134.60
Solvency
Equity ratio48.5 %55.8 %71.0 %71.1 %69.2 %
Gearing79.4 %62.5 %40.9 %37.5 %44.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.92.23.43.43.2
Current ratio1.92.23.43.43.2
Cash and cash equivalents2 250.972 011.322 157.992 555.742 424.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:3.60%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.2%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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