MillPart A/S — Credit Rating and Financial Key Figures

CVR number: 26993342
Erhvervsparken 2, 6900 Skjern
accounting@millpart.dk

Credit rating

Company information

Official name
MillPart A/S
Personnel
50 persons
Established
2004
Company form
Limited company
Industry
  • Expand more icon255300

About MillPart A/S

MillPart A/S (CVR number: 26993342) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 32.5 mDKK in 2024. The operating profit was 3159 kDKK, while net earnings were 32.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered decent but Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 17.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. MillPart A/S's liquidity measured by quick ratio was 0.4 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 profit17 590.1423 454.7029 976.3336 964.0332 532.78
EBIT-6 970.20-5 050.621 854.887 509.583 158.96
Net earnings-6 506.73-6 605.091 540.083 014.8932.74
Shareholders equity total7 432.08827.002 464.795 381.975 414.72
Balance sheet total (assets)69 268.5467 614.6379 205.5976 374.0783 621.71
Net debt31 912.8136 676.8847 496.6851 388.2350 000.40
Profitability
EBIT-%
ROA-10.1 %-7.3 %2.8 %9.8 %4.0 %
ROE-61.2 %-159.9 %93.6 %76.8 %0.6 %
ROI-12.2 %-9.0 %3.7 %12.2 %4.9 %
Economic value added (EVA)-6 010.03-5 367.071 393.275 845.521 617.02
Solvency
Equity ratio15.8 %13.8 %15.1 %19.5 %17.8 %
Gearing429.5 %4475.1 %1930.2 %973.6 %923.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.30.40.40.4
Current ratio0.70.70.70.80.7
Cash and cash equivalents7.66332.2078.511 010.1510.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.00%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.8%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

Build time: 2025-03-04T03:44:44.970Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.