MILLAG ApS — Credit Rating and Financial Key Figures

CVR number: 33586345
Østbirkvej 2, Seden 5240 Odense NØ
millag@millag.dk
tel: 88612600
Free credit report Annual report

Credit rating

Company information

Official name
MILLAG ApS
Personnel
4 persons
Established
2011
Domicile
Seden
Company form
Private limited company
Industry

About MILLAG ApS

MILLAG ApS (CVR number: 33586345) is a company from ODENSE. The company recorded a gross profit of 2759 kDKK in 2024. The operating profit was 827 kDKK, while net earnings were 656 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.2 %, which can be considered excellent and Return on Equity (ROE) was 22 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 84.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MILLAG ApS's liquidity measured by quick ratio was 4.9 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 profit3 316.002 837.003 131.003 052.002 759.00
EBIT1 191.00759.00888.00871.00827.00
Net earnings929.00591.00694.00675.00656.00
Shareholders equity total1 698.002 289.002 983.002 658.003 314.00
Balance sheet total (assets)4 268.005 616.004 708.003 634.003 931.00
Net debt389.00- 215.00-3.00- 163.00-2.00
Profitability
EBIT-%
ROA20.0 %15.4 %17.3 %21.1 %22.2 %
ROE24.9 %29.6 %26.3 %23.9 %22.0 %
ROI30.2 %34.4 %33.8 %31.2 %28.2 %
Economic value added (EVA)639.11485.00577.42529.00511.52
Solvency
Equity ratio39.8 %56.0 %74.0 %76.7 %84.3 %
Gearing25.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.43.32.94.9
Current ratio1.81.83.04.48.8
Cash and cash equivalents38.00215.003.00163.002.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:22.2%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.3%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Director

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