Millard drift ApS — Credit Rating and Financial Key Figures

CVR number: 36430532
Ibsvej 15, 2680 Solrød Strand
Millarddrift@gmail.com
tel: 25354540

Company information

Official name
Millard drift ApS
Established
2014
Company form
Private limited company
Industry

About Millard drift ApS

Millard drift ApS (CVR number: 36430532) is a company from SOLRØD. The company recorded a gross profit of 220.3 kDKK in 2024. The operating profit was 1679.6 kDKK, while net earnings were 1175.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.6 %, which can be considered good and Return on Equity (ROE) was 14.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 56.3 %, 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. Millard drift ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit138.55327.43459.10391.95220.31
EBIT126.42327.43459.10391.951 679.62
Net earnings-95.90129.14250.02126.931 175.94
Shareholders equity total1 646.021 775.162 025.187 152.129 328.05
Balance sheet total (assets)12 125.5215 055.5015 035.5015 172.6116 605.86
Net debt9 790.4812 418.2812 117.946 940.915 959.33
Profitability
EBIT-%
ROA1.1 %2.4 %3.1 %2.6 %10.6 %
ROE-5.7 %7.5 %13.2 %2.8 %14.3 %
ROI1.1 %2.4 %3.1 %2.6 %10.7 %
Economic value added (EVA)- 474.76- 367.92- 372.69- 443.36559.06
Solvency
Equity ratio13.6 %11.8 %13.5 %47.3 %56.3 %
Gearing597.8 %706.0 %603.0 %99.7 %65.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.10.1
Current ratio0.00.00.00.10.1
Cash and cash equivalents49.28114.8194.82190.56150.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:10.6%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.3%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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