MILLSTONE ApS
APSIn liquidationCVR 29183945Strandparksvej 15, 2900 HellerupSpecialiseret engroshandel med fødevarer i.a.n.· NACE 463890Est. 2005 · 20 years old— employees
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Riskpilot← Back to searchSign inGet full accessMILLSTONE ApS is a Danish APS based in Hellerup, operating in the Specialiseret engroshandel med fødevarer i.a.n. sector. Incorporated in 2005, the company reported revenue of DKK 0 in its latest annual filing.
| Revenue | 0M DKK | — |
| EBITDA | -0M DKK | -114% |
| Net profit | 1.8M DKK | +5100% |
| Total assets | 0.1M DKK | +1% |
| Equity | -0M DKK | +99% |
| Employees | — | — |
In its most recent annual report (2020), MILLSTONE ApS reported revenue of DKK 0, a decrease of 100% on the year before. The figures on this page draw on 5 annual filings covering 2016 to 2020. The bottom line showed a net profit of DKK 1.8m.
At the end of 2020, current assets covered short-term debt 0.8 times.
| Item | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|
| Revenue | 0 | 36 | 0 | 11 | 22 |
| Staff expenses | -0 | -0 | -0 | -0 | -0 |
| EBITDA | -5 | 35 | -7 | 2 | 9 |
| Depreciation & amort. | -0 | -0 | -0 | -0 | -0 |
| EBIT | -5 | 35 | -7 | 2 | 9 |
| Net financials | 1,815 | -0 | 0 | 0 | 0 |
| Profit before tax | 1,811 | 35 | -7 | 2 | 9 |
| Tax | -0 | -0 | -0 | -0 | -0 |
| Net profit | 1,811 | 35 | -7 | 2 | 9 |
| Item | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|
| Total assets | 77 | 76 | 34 | 34 | 40 |
| Equity | -17 | -1,828 | -1,863 | -1,856 | -1,858 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 95 | 1,904 | 1,897 | 1,890 | 1,898 |
| Total debt | 95 | 1,904 | 1,897 | 1,890 | 1,898 |
28 financial ratios from the latest filing, each graded against companies in the same industry.
Net profit as a percentage of total assets — the return generated on the capital employed.
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA relative to debt — how much operating earnings are available to service the debt.
The ability to pay the interest on the company's debt out of its earnings.
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Revenue relative to total assets — the ability to generate revenue from the asset base.
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
The size of this year's increase or decrease in the company's debt.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
The size of this year's increase or decrease in the company's equity.
| Name | Role | Member since |
|---|
PE Chief Executive Officer | Chief Executive Officer | 2005 – 2008 |
PH Chief Executive Officer | Chief Executive Officer | 2008 – 2021 |
| Name | Role | Member since |
|---|
JS Board of Directors | Board of Directors | 2005 – 2006 |
FA Board of Directors | Board of Directors | 2005 – 2006 |
KN Chairman | Chairman | 2006 – 2017 |
PS Board of Directors | Board of Directors | 2005 – 2006 |
AJ Chairman | Chairman | 2005 – 2006 |
PE Board of Directors | Board of Directors | 2005 – 2008 |
PH Board of Directors | Board of Directors | 2006 – 2017 |
HM Board of Directors | Board of Directors | 2008 – 2017 |
| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Individual | 66.67–89.99% | 66.67–89.99% | 2007 | |
| Individual | 66.67–89.99% | 66.67–89.99% | 2021 |
| Person | Role here | Other companies |
|---|---|---|
| Henrik Mansfeldt Witt | Board of Directors | 15 companiesMany roles |
| Peter Eriksen | Chief Executive Officer | 4 companies |
| Flemming Angel | Board of Directors | 3 companies |
| Poul Hansen | Chief Executive Officer | 2 companies |
| Palle Schjødtz | Board of Directors | 1 company |
| Anders Jan-Gösta Törnqvist | Chairman | 1 company |