MILESTONE SYSTEMS A/S
Credit rating
Company information
About MILESTONE SYSTEMS A/S
MILESTONE SYSTEMS A/S (CVR number: 20341130K) is a company from BRØNDBY. The company reported a net sales of 1687.9 mDKK in 2023, demonstrating a growth of 13.4 % compared to the previous year. The operating profit percentage was at 6.2 % (EBIT: 104.9 mDKK), while net earnings were 76.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent but Return on Equity (ROE) was 9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 43.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MILESTONE SYSTEMS A/S'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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 026.49 | 1 016.79 | 1 140.91 | 1 488.15 | 1 687.85 |
Gross profit | 967.30 | 968.32 | 1 087.17 | 1 322.80 | 1 529.39 |
EBIT | 123.53 | 111.89 | 92.52 | -21.34 | 104.91 |
Net earnings | 98.28 | 53.63 | 97.45 | 9.23 | 76.59 |
Shareholders equity total | 724.57 | 749.62 | 788.38 | 799.25 | 896.36 |
Balance sheet total (assets) | 1 478.63 | 1 545.95 | 1 635.98 | 1 857.67 | 2 078.13 |
Net debt | - 193.89 | - 292.38 | |||
Profitability | |||||
EBIT-% | 12.0 % | 11.0 % | 8.1 % | -1.4 % | 6.2 % |
ROA | 9.2 % | 7.4 % | 5.8 % | 0.9 % | 6.8 % |
ROE | 14.5 % | 7.3 % | 12.7 % | 1.2 % | 9.0 % |
ROI | 9.2 % | 7.4 % | 5.8 % | 1.3 % | 13.6 % |
Economic value added (EVA) | 91.85 | 75.48 | 54.85 | -57.46 | 41.93 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 43.0 % | 43.1 % |
Gearing | |||||
Relative net indebtedness % | 57.2 % | 51.5 % | |||
Liquidity | |||||
Quick ratio | 2.0 | 2.1 | |||
Current ratio | 2.0 | 2.1 | |||
Cash and cash equivalents | 193.89 | 292.38 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 106.2 | 102.0 | |||
Net working capital % | 43.2 % | 45.2 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | A |
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