MILTON HUSE A/S — Credit Rating and Financial Key Figures

CVR number: 33492782
Helge Nielsens Alle 7, 8723 Løsning

Credit rating

Company information

Official name
MILTON HUSE A/S
Personnel
103 persons
Established
2011
Company form
Limited company
Industry
  • Expand more icon410000

About MILTON HUSE A/S

MILTON HUSE A/S (CVR number: 33492782K) is a company from HEDENSTED. The company reported a net sales of 2286.3 mDKK in 2021, demonstrating a growth of 29.2 % compared to the previous year. The operating profit percentage was at 1.5 % (EBIT: 34.4 mDKK), while net earnings were 6372 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak and Return on Equity (ROE) was 3.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 18.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. MILTON HUSE A/S's liquidity measured by quick ratio was 2.2 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
Volume
Net sales1 161.511 770.022 286.30
Gross profit1 161.51255.21202.81
EBIT10.43137.7834.42
Net earnings10.4398.256.37
Shareholders equity total104.30195.06201.43
Balance sheet total (assets)696.49991.591 108.74
Net debt-73.77492.44324.89
Profitability
EBIT-%0.9 %7.8 %1.5 %
ROA1.5 %16.3 %3.3 %
ROE10.0 %65.6 %3.2 %
ROI1.3 %18.2 %4.8 %
Economic value added (EVA)10.43105.9513.87
Solvency
Equity ratio40.4 %19.7 %18.2 %
Gearing255.3 %162.7 %
Relative net indebtedness %-15.3 %44.7 %39.6 %
Liquidity
Quick ratio-4.51.02.2
Current ratio-6.51.32.6
Cash and cash equivalents73.775.592.80
Capital use efficiency
Trade debtors turnover (days)4.63.5
Net working capital %67.7 %11.9 %28.8 %
Credit risk
Credit ratingBBBAA

Variable visualization

ROA:3.28%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.2%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Board member

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