MILLIT PLASTBEARBEJDNING ApS — Credit Rating and Financial Key Figures

CVR number: 34604177
Foldinggårdevej 2, 6650 Brørup

Credit rating

Company information

Official name
MILLIT PLASTBEARBEJDNING ApS
Personnel
7 persons
Established
2012
Company form
Private limited company
Industry
  • Expand more icon32Other manufacturing

About MILLIT PLASTBEARBEJDNING ApS

MILLIT PLASTBEARBEJDNING ApS (CVR number: 34604177) is a company from VEJEN. The company recorded a gross profit of 4914 kDKK in 2024. The operating profit was 1677.9 kDKK, while net earnings were 1268.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.1 %, which can be considered excellent and Return on Equity (ROE) was 40.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46.7 %, 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. MILLIT PLASTBEARBEJDNING ApS's liquidity measured by quick ratio was 0.6 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 profit3 587.093 670.384 774.105 561.364 913.96
EBIT9.45868.871 752.542 109.191 677.94
Net earnings-78.72638.131 331.261 589.511 268.55
Shareholders equity total2 453.772 941.904 153.153 242.663 011.22
Balance sheet total (assets)6 769.166 792.797 856.497 498.136 449.07
Net debt- 138.03- 515.31-1 513.73-1 476.411 587.17
Profitability
EBIT-%
ROA0.3 %13.1 %24.2 %27.5 %24.1 %
ROE-3.1 %23.7 %37.5 %43.0 %40.6 %
ROI0.4 %17.5 %32.3 %40.8 %35.4 %
Economic value added (EVA)- 109.00578.821 279.501 532.481 235.20
Solvency
Equity ratio36.2 %43.3 %52.9 %43.2 %46.7 %
Gearing18.7 %16.0 %11.3 %14.2 %64.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.01.51.20.6
Current ratio1.11.01.51.20.6
Cash and cash equivalents596.98985.101 982.611 936.89343.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:24.1%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.7%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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