MILLENNIUM ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MILLENNIUM ApS
MILLENNIUM ApS (CVR number: 36076453) is a company from SLAGELSE. The company reported a net sales of 2.8 mDKK in 2024. The operating profit percentage was poor at -0.9 % (EBIT: -0 mDKK), while net earnings were -25.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.5 %, which can be considered poor and Return on Equity (ROE) was -9.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60.2 %, 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 1.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 808.58 | ||||
Gross profit | 705.19 | 780.81 | 683.51 | 757.12 | 694.06 |
EBIT | 183.23 | 4.21 | -3.66 | 25.66 | -24.95 |
Net earnings | 162.56 | 51.13 | -6.10 | 18.01 | -25.84 |
Shareholders equity total | 254.35 | 305.49 | 299.39 | 317.39 | 241.55 |
Balance sheet total (assets) | 604.20 | 557.61 | 459.23 | 504.17 | 401.21 |
Net debt | - 364.04 | - 283.37 | - 138.68 | - 167.92 | - 120.67 |
Profitability | |||||
EBIT-% | -0.9 % | ||||
ROA | 40.8 % | 11.6 % | -0.7 % | 5.3 % | -5.5 % |
ROE | 93.9 % | 18.3 % | -2.0 % | 5.8 % | -9.2 % |
ROI | 105.9 % | 24.0 % | -1.2 % | 8.3 % | -8.9 % |
Economic value added (EVA) | 168.85 | 8.86 | -4.77 | 10.17 | -32.46 |
Solvency | |||||
Equity ratio | 42.1 % | 54.8 % | 65.2 % | 63.0 % | 60.2 % |
Gearing | |||||
Relative net indebtedness % | 1.4 % | ||||
Liquidity | |||||
Quick ratio | 1.1 | 1.6 | 1.9 | 2.1 | 1.9 |
Current ratio | 1.2 | 1.7 | 2.3 | 2.4 | 2.4 |
Cash and cash equivalents | 364.04 | 283.37 | 138.68 | 167.92 | 120.67 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 7.7 % | ||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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