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LARS MILLGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31427177
Vinkelvej 13, 3520 Farum
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Credit rating

Company information

Official name
LARS MILLGAARD HOLDING ApS
Established
2008
Company form
Private limited company
Industry

About LARS MILLGAARD HOLDING ApS

LARS MILLGAARD HOLDING ApS (CVR number: 31427177) is a company from FURESØ. The company recorded a gross profit of -32.7 kDKK in 2024. The operating profit was -32.7 kDKK, while net earnings were -180.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered weak but Return on Equity (ROE) was -3.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.9 %, 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. LARS MILLGAARD HOLDING ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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-47.77-48.22-25.70- 282.05-32.67
EBIT-47.77-48.22-25.70- 282.05-32.67
Net earnings968.591 323.14216.58-1 336.34- 180.31
Shareholders equity total4 991.456 201.606 303.784 849.634 547.33
Balance sheet total (assets)5 024.4412 984.5811 736.769 053.077 344.73
Net debt-1 494.484 521.234 440.611 461.921 259.92
Profitability
EBIT-%
ROA16.5 %15.4 %4.3 %-9.4 %0.0 %
ROE16.3 %23.6 %3.5 %-24.0 %-3.8 %
ROI16.6 %15.5 %4.3 %-9.4 %0.0 %
Economic value added (EVA)- 395.95- 299.23- 676.71- 870.36- 486.12
Solvency
Equity ratio99.3 %47.8 %53.7 %53.6 %61.9 %
Gearing0.1 %108.9 %85.7 %86.1 %60.9 %
Relative net indebtedness %
Liquidity
Quick ratio46.21.81.81.30.7
Current ratio46.21.81.81.30.7
Cash and cash equivalents1 498.322 232.61963.232 712.381 508.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBBBBB

Variable visualization

ROA:0.01%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.9%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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