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

CVR number: 21468495
Egenskrog 12, 5642 Millinge
tel: 62619007
Free credit report Annual report

Company information

Official name
MILLINGE MASKINSTATION A/S
Personnel
19 persons
Established
1998
Company form
Limited company
Industry

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 18.2 mDKK in 2024. The operating profit was 6442.1 kDKK, while net earnings were 4954.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.4 %, which can be considered excellent and Return on Equity (ROE) was 33.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.2 %, 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. MILLINGE MASKINSTATION A/S's liquidity measured by quick ratio was 2.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit8 193.169 256.6611 373.1312 230.5518 188.33
EBIT182.19475.051 267.221 332.426 442.07
Net earnings40.66285.72894.81835.064 954.06
Shareholders equity total10 176.6310 462.366 305.3312 140.3917 094.45
Balance sheet total (assets)19 764.7519 273.0718 178.0120 095.0525 432.99
Net debt926.124 299.773 714.501 602.38-1 195.25
Profitability
EBIT-%
ROA1.1 %2.5 %6.8 %7.0 %28.4 %
ROE0.4 %2.8 %10.7 %9.1 %33.9 %
ROI1.5 %3.4 %9.1 %10.2 %40.5 %
Economic value added (EVA)- 520.84- 285.40201.05408.714 319.17
Solvency
Equity ratio51.5 %54.3 %34.7 %60.4 %67.2 %
Gearing21.0 %43.2 %98.5 %15.4 %1.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.51.01.62.4
Current ratio1.41.51.01.62.5
Cash and cash equivalents1 211.79214.782 493.97269.141 421.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:28.4%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.2%
Rating: 51/100
-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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