MILLSTONE ApS — Credit Rating and Financial Key Figures

MILLSTONE ApS (CVR number: 29183945) is a company from GENTOFTE. The company recorded a gross profit of 0 kDKK in 2020, demonstrating a decline of -100 % compared to the previous year. The operating profit was -4.7 kDKK, while net earnings were 1810.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 181.2 %, which can be considered excellent and Return on Equity (ROE) was 2360 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -18.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MILLSTONE ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.