LARS MILLGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31427177
Vinkelvej 13, 3520 Farum

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 -282.1 kDKK in 2023. The operating profit was -282.1 kDKK, while net earnings were -1336.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.4 %, which can be considered poor and Return on Equity (ROE) was -24 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 53.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. LARS MILLGAARD HOLDING ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit-36.76-47.77-48.22-25.70- 282.05
EBIT-36.76-47.77-48.22-25.70- 282.05
Net earnings903.88968.591 323.14216.58-1 336.34
Shareholders equity total6 925.294 991.456 201.606 303.784 849.63
Balance sheet total (assets)6 940.285 024.4412 984.5811 736.769 053.07
Net debt-4 392.21-1 494.484 521.234 440.611 461.92
Profitability
EBIT-%
ROA14.4 %16.5 %15.4 %4.3 %-9.4 %
ROE13.8 %16.3 %23.6 %3.5 %-24.0 %
ROI14.5 %16.6 %15.5 %4.3 %-9.4 %
Economic value added (EVA)61.872.62-21.7932.24- 290.94
Solvency
Equity ratio99.8 %99.3 %47.8 %53.7 %53.6 %
Gearing0.1 %0.1 %108.9 %85.7 %86.1 %
Relative net indebtedness %
Liquidity
Quick ratio312.246.21.81.81.3
Current ratio312.246.21.81.81.3
Cash and cash equivalents4 396.051 498.322 232.61963.232 712.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAABBB

Variable visualization

ROA:-9.35%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.6%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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