MILTON HUSE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MILTON HUSE A/S
MILTON HUSE A/S (CVR number: 33492782) is a company from HEDENSTED. The company reported a net sales of 684 mDKK in 2024, demonstrating a decline of -6.7 % compared to the previous year. The operating profit percentage was at 1.1 % (EBIT: 7.5 mDKK), while net earnings were 3972 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak and Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 51.4 %, 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. MILTON HUSE A/S's liquidity measured by quick ratio was 1.7 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | 2 700.45 | 732.83 | 684.05 | |
Gross profit | 172.52 | 73.35 | 67.12 | |
EBIT | 30.05 | -3.54 | 7.46 | |
Net earnings | 3.45 | 14.72 | 3.97 | |
Shareholders equity total | 205.93 | 207.66 | 186.63 | |
Balance sheet total (assets) | 1 216.64 | 493.62 | 363.37 | |
Net debt | 618.41 | 23.31 | -46.47 | |
Profitability | ||||
EBIT-% | 1.1 % | -0.5 % | 1.1 % | |
ROA | 3.6 % | 3.9 % | 1.7 % | |
ROE | 1.7 % | 7.1 % | 2.0 % | |
ROI | 5.0 % | 5.8 % | 3.1 % | |
Economic value added (EVA) | 0.35 | 25.37 | -12.87 | -5.11 |
Solvency | ||||
Equity ratio | 29.4 % | 42.1 % | 51.4 % | |
Gearing | 300.4 % | 11.4 % | 0.1 % | |
Relative net indebtedness % | 35.9 % | 35.6 % | 16.1 % | |
Liquidity | ||||
Quick ratio | 1.1 | 0.7 | 1.7 | |
Current ratio | 1.4 | 1.1 | 2.3 | |
Cash and cash equivalents | 0.15 | 0.41 | 46.60 | |
Capital use efficiency | ||||
Trade debtors turnover (days) | 3.8 | 32.6 | 3.8 | |
Net working capital % | 13.2 % | 4.9 % | 29.5 % | |
Credit risk | ||||
Credit rating | A | A | AA |
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