MILLENNIUM ApS — Credit Rating and Financial Key Figures

CVR number: 36076453
Halsskovvej 24, 4220 Korsør

Credit rating

Company information

Official name
MILLENNIUM ApS
Personnel
8 persons
Established
2014
Company form
Private limited company
Industry
  • Expand more icon56Food and beverage service activities

About MILLENNIUM ApS

MILLENNIUM ApS (CVR number: 36076453) is a company from SLAGELSE. The company recorded a gross profit of 757.1 kDKK in 2023. The operating profit was 25.7 kDKK, while net earnings were 18 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent and Return on Equity (ROE) was 5.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 63 %, 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. MILLENNIUM ApS's liquidity measured by quick ratio was 2.1 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
20192020202120222023
Volume
Net sales
Gross profit538.06705.19780.81683.51757.12
EBIT58.67183.234.21-3.6625.66
Net earnings54.98162.5651.13-6.1018.01
Shareholders equity total91.80254.35305.49299.39317.39
Balance sheet total (assets)293.63604.20557.61459.23504.17
Net debt- 186.23- 364.04- 283.37- 138.68- 167.92
Profitability
EBIT-%
ROA21.9 %40.8 %11.6 %-0.7 %5.3 %
ROE85.5 %93.9 %18.3 %-2.0 %5.8 %
ROI91.2 %105.9 %24.0 %-1.2 %8.3 %
Economic value added (EVA)55.48168.858.86-4.7710.17
Solvency
Equity ratio31.3 %42.1 %54.8 %65.2 %63.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.21.11.61.92.1
Current ratio1.51.21.72.32.4
Cash and cash equivalents186.23364.04283.37138.68167.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:5.33%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.0%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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