MORTEN MILLER ApS — Credit Rating and Financial Key Figures

CVR number: 29535434
Skovbakkevej 1, 3070 Snekkersten
mortenmiller01@hotmail.com
tel: 51900800

Company information

Official name
MORTEN MILLER ApS
Established
2006
Company form
Private limited company
Industry

About MORTEN MILLER ApS

MORTEN MILLER ApS (CVR number: 29535434) is a company from HELSINGØR. The company recorded a gross profit of -15.6 kDKK in 2023. The operating profit was -15.6 kDKK, while net earnings were 1620.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.8 %, which can be considered excellent but Return on Equity (ROE) was 14.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 95.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MORTEN MILLER ApS's liquidity measured by quick ratio was 21.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-40.00-26.00-28.00-31.00-15.63
EBIT-40.00-26.00-28.00-31.00-15.63
Net earnings353.00- 643.00238.001 255.001 620.44
Shareholders equity total9 385.008 687.008 869.0010 067.0011 687.31
Balance sheet total (assets)9 402.008 704.008 927.0010 226.0012 270.20
Net debt-9 186.00-8 668.00-8 845.00-10 112.00-12 172.02
Profitability
EBIT-%
ROA3.9 %-0.1 %3.1 %14.1 %18.8 %
ROE3.8 %-7.1 %2.7 %13.3 %14.9 %
ROI3.9 %-0.1 %3.1 %14.2 %19.3 %
Economic value added (EVA)-46.08-35.90-26.13-27.78-5.10
Solvency
Equity ratio99.8 %99.8 %99.4 %98.4 %95.2 %
Gearing0.1 %0.1 %0.6 %0.9 %0.8 %
Relative net indebtedness %
Liquidity
Quick ratio553.1512.0153.964.321.1
Current ratio553.1512.0153.964.321.1
Cash and cash equivalents9 197.008 679.008 897.0010 206.0012 270.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:18.8%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.2%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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