Miles Group ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Miles Group ApS
Miles Group ApS (CVR number: 37467340) is a company from BALLERUP. The company recorded a gross profit of 4427.9 kDKK in 2024. The operating profit was -242.5 kDKK, while net earnings were -272 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.5 %, which can be considered poor and Return on Equity (ROE) was -8.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Miles Group ApS's liquidity measured by quick ratio was 3.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 123.55 | 456.83 | 1 047.74 | 6 813.41 | 4 427.93 |
EBIT | 239.04 | - 400.80 | 302.55 | 4 262.57 | - 242.47 |
Net earnings | 186.06 | - 401.27 | 323.56 | 3 259.22 | - 271.97 |
Shareholders equity total | 282.76 | - 271.93 | 293.26 | 3 562.48 | 3 168.51 |
Balance sheet total (assets) | 571.52 | 199.24 | 1 901.91 | 9 091.60 | 3 969.76 |
Net debt | - 159.70 | - 199.24 | - 455.43 | -1 656.51 | -1 399.55 |
Profitability | |||||
EBIT-% | |||||
ROA | 49.6 % | -76.9 % | 25.5 % | 77.7 % | -3.5 % |
ROE | 98.1 % | -166.5 % | 131.4 % | 169.1 % | -8.1 % |
ROI | 108.8 % | -283.5 % | 107.1 % | 199.8 % | -6.7 % |
Economic value added (EVA) | 178.50 | - 415.01 | 338.20 | 3 282.97 | - 398.86 |
Solvency | |||||
Equity ratio | 49.5 % | -57.7 % | 15.4 % | 39.2 % | 79.8 % |
Gearing | 92.6 % | 2.9 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 0.4 | 1.1 | 1.5 | 3.2 |
Current ratio | 1.6 | 0.4 | 1.1 | 1.5 | 3.2 |
Cash and cash equivalents | 159.70 | 199.24 | 726.92 | 1 759.16 | 1 399.55 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | B | BB | BBB | BBB |
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