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MILESTONE SYSTEMS A/S: Financial statements 2020

CVR: 20341130

Source: annual report 2020, Danish Business Authority

01/01/2020 – 31/12/2020

MILESTONE SYSTEMS A/S (CVR 20341130) has filed annual accounts for 2020. In 2020, the company reported revenue of DKK 1,011,274,000 and a net result of DKK 54,357,000 compared with DKK 98,923,000 the year before. That is a decrease of 0.9% compared with the year before. The profit margin was 5.4%. Equity in the 2020 report amounted to DKK 706,024,000. The solvency ratio was 50%. The company had 866 employees in the financial year.

Revenue
DKK 1,011,274,000
Gross Profit
DKK 963,595,000
Profit/Loss
DKK 54,357,000
Equity
DKK 706,024,000
Total Assets
DKK 1,411,957,000
Employees
866

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
20201 mia.963.6 mio.54.4 mio.706 mio.866
20191 mia.962 mio.98.9 mio.681.3 mio.776
2018924.9 mio.849.7 mio.171 mio.586.6 mio.658
2017853.5 mio.470.1 mio.117.3 mio.438.7 mio.586
2016665.5 mio.335.9 mio.41.9 mio.295 mio.581

Official annual report

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Events in 2020

Lars Larsen joins MILESTONE SYSTEMS A/S as directorOct 1, 2020

As of October 1, 2020, Lars Larsen is registered as director of MILESTONE SYSTEMS A/S.

Thomas Jensen joins MILESTONE SYSTEMS A/S as adm. dir.Oct 1, 2020

As of October 1, 2020, Thomas Jensen is registered as adm. dir. of MILESTONE SYSTEMS A/S.

Lars Larsen steps down as adm. dir. of MILESTONE SYSTEMS A/SSep 30, 2020

As of September 30, 2020, Lars Larsen has stepped down as adm. dir. of MILESTONE SYSTEMS A/S.

MILESTONE SYSTEMS A/S: The 2019 annual report is outApr 20, 2020

MILESTONE SYSTEMS A/S has published its annual report for 2019. Revenue came to DKK 1,020,187,000, and the net result was DKK 98,923,000.

Lars Larsen joins MILESTONE SYSTEMS A/S as adm. dir.Apr 14, 2020

As of April 14, 2020, Lars Larsen is registered as adm. dir. of MILESTONE SYSTEMS A/S.

Lars Thinggaard steps down as adm. dir. of MILESTONE SYSTEMS A/SApr 14, 2020

As of April 14, 2020, Lars Thinggaard has stepped down as adm. dir. of MILESTONE SYSTEMS A/S.

Lars Larsen steps down as director of MILESTONE SYSTEMS A/SApr 13, 2020

As of April 13, 2020, Lars Larsen has stepped down as director of MILESTONE SYSTEMS A/S.

About MILESTONE SYSTEMS A/S

MILESTONE SYSTEMS A/S is a Danish company of the type Aktieselskab based in Brøndby, founded in 1997. The company is registered under the industry Anden udgivelse af software. The company was previously named MILESTONE SYSTEMS ApS and SCSK 2108 ApS. The management consists of Jeppe Frandsen and Lars Larsen. The board consists of Lau Normann (chair), Seymour Erwin Liebman, John Sergio Blem and Minoru Asada. The company is owned by Canon Inc.. The company has 531 employees (2026). In 2025, the company reported revenue of DKK 2,185,750,000 and a net result of DKK 183,383,000 compared with DKK 262,080,000 the year before. Equity in the 2025 report amounted to DKK 1,651,974,000.

Source: annual report 2025, Danish Business Authority