MILLINGE MASKINSTATION A/S — Credit Rating and Financial Key Figures

CVR number: 21468495
Egenskrog 12, 5642 Millinge
tel: 62619007

Credit rating

Company information

Official name
MILLINGE MASKINSTATION A/S
Personnel
20 persons
Established
1998
Company form
Limited company
Industry
  • Expand more icon01Crop and animal production, hunting and related service activities

About MILLINGE MASKINSTATION A/S

MILLINGE MASKINSTATION A/S (CVR number: 21468495) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 12.2 mDKK in 2023. The operating profit was 1332.4 kDKK, while net earnings were 835.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent but Return on Equity (ROE) was 9.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 60.4 %, 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. MILLINGE MASKINSTATION A/S's liquidity measured by quick ratio was 1.6 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 profit8 751.748 193.169 256.6611 373.1312 230.55
EBIT1 001.08182.19475.051 267.221 332.42
Net earnings672.5840.66285.72894.81835.06
Shareholders equity total10 135.9810 176.6310 462.366 305.3312 140.39
Balance sheet total (assets)17 107.7919 764.7519 273.0718 178.0120 095.05
Net debt444.51926.124 299.773 714.50-77.50
Profitability
EBIT-%
ROA5.9 %1.1 %2.5 %6.8 %7.0 %
ROE6.9 %0.4 %2.8 %10.7 %9.1 %
ROI7.9 %1.5 %3.4 %9.1 %10.1 %
Economic value added (EVA)465.17- 269.89-82.94472.88846.01
Solvency
Equity ratio59.2 %51.5 %54.3 %34.7 %60.4 %
Gearing23.5 %21.0 %43.2 %98.5 %15.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.41.51.01.6
Current ratio1.71.41.51.01.6
Cash and cash equivalents1 933.371 211.79214.782 493.971 949.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:7.03%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.4%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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