MILLING A/S — Credit Rating and Financial Key Figures

CVR number: 78252111
Bjernemarksvej 42, Tåsinge 5700 Svendborg
tel: 62228804

Company information

Official name
MILLING A/S
Personnel
1 person
Established
1985
Domicile
Tåsinge
Company form
Limited company
Industry

About MILLING A/S

MILLING A/S (CVR number: 78252111) is a company from SVENDBORG. The company recorded a gross profit of 1985.6 kDKK in 2023. The operating profit was 1109.2 kDKK, while net earnings were 2534.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak but Return on Equity (ROE) was 4.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 67.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MILLING A/S's liquidity measured by quick ratio was 12.3 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 457.862 001.712 227.162 010.831 985.60
EBIT1 508.891 165.791 406.981 095.231 109.23
Net earnings1 704.001 952.802 789.052 563.462 534.46
Shareholders equity total38 635.6243 922.9253 515.2851 576.4459 110.54
Balance sheet total (assets)72 557.9376 934.6485 971.6384 360.3587 845.77
Net debt24 837.5425 212.2724 530.1220 731.4519 563.18
Profitability
EBIT-%
ROA3.3 %3.3 %4.0 %3.4 %3.7 %
ROE4.9 %4.7 %5.7 %4.9 %4.6 %
ROI3.4 %3.3 %4.1 %3.5 %3.7 %
Economic value added (EVA)-1 474.72-2 081.79- 920.85- 858.20- 825.49
Solvency
Equity ratio53.2 %57.1 %62.3 %61.2 %67.3 %
Gearing72.1 %62.3 %50.1 %53.5 %40.5 %
Relative net indebtedness %
Liquidity
Quick ratio4.08.07.412.312.3
Current ratio4.08.17.112.012.0
Cash and cash equivalents3 020.182 161.502 290.596 843.184 398.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.66%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.3%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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