Miles Group ApS — Credit Rating and Financial Key Figures

Miles Group ApS (CVR number: 37467340) is a company from BALLERUP. The company recorded a gross profit of 6813.4 kDKK in 2023. The operating profit was 4262.6 kDKK, while net earnings were 3259.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 77.7 %, which can be considered excellent and Return on Equity (ROE) was 169.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Miles Group ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.