MILCOM LOGISTIK OG DISTRIBUTION ApS

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CVR 33239122Farverland 6, 2600 GlostrupEngroshandel med telekommunikationsudstyr· NACE 465220Est. 2010 · 15 years old31 employees

Overview

MILCOM LOGISTIK OG DISTRIBUTION ApS is a Danish APS based in Glostrup, operating in the Engroshandel med telekommunikationsudstyr sector. Incorporated in 2010, the company has 31 employees and reported a gross profit of DKK 11.6m in its latest annual filing.

Gross profit 2023

11.6M DKK

−15% vs 2022

EBITDA margin (of gross profit)

16.2 %

−59% vs 2022

Net profit 2023

1M DKK

-69% vs 2022

Key ratios

See full ratios →

9.7 %

Weak

Among the 30% lowest rated companies in the industry

20192023

0.9×

Weak

Among the 30% lowest rated companies in the industry

20192023

8.9 %

Strong

Among the 40% highest rated companies in the industry

20192023

EBITDA — year on year

DKK thousands

Key figures

Annual report 2023

Gross profit	11.6M DKK	-15%
EBITDA	1.9M DKK	-59%
Net profit	1M DKK	-69%
Total assets	11.1M DKK	+1%
Equity	1.1M DKK	-67%
Employees	31	—

Contact

Address

Farverland 6, 2600 Glostrup

Advertising protection

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Financial development

In its most recent annual report (2023), MILCOM LOGISTIK OG DISTRIBUTION ApS reported a gross profit of DKK 11.6m, a decrease of 15% on the year before. The figures on this page draw on 5 annual filings covering 2019 to 2023. The bottom line showed a net profit of DKK 994.6k, and the EBITDA margin stood at 16.2%.

At the end of 2023, equity financed 9.7% of the balance sheet, and current assets covered short-term debt 0.9 times.

Financials

Gross profit

DKK millions

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2023	2022	2021	2020	2019
Gross profit	11,603	13,726	12,412	9,017	6,086
Staff expenses	-9,717	-9,113	-6,617	-5,321	-3,410
EBITDA	1,885	4,614	5,795	3,696	2,676
Depreciation & amort.	-336	-336	-388	-257	-7
EBIT	1,549	4,278	5,407	3,439	2,669
Net financials	-244	-149	-232	-135	-35
Profit before tax	1,306	4,129	5,176	3,304	2,634
Tax	311	931	1,157	752	605
Net profit	995	3,198	4,019	2,552	2,029

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Balance sheet

DKK thousands

Item	2023	2022	2021	2020	2019
Total assets	11,114	10,968	14,367	15,600	8,553
Equity	1,075	3,278	4,099	4,924	2,371
Long-term debt	601	911	1,184	837	506
Short-term debt	9,439	6,779	9,084	9,832	5,637
Total debt	10,040	7,689	10,268	10,669	6,143

Financial ratios

5-year trend

EBITDA margin (of gross profit)

16.2 %

20192023

Equity ratio

9.7 %

Weak

Among the 30% lowest rated companies in the industry

20192023

Return on equity

92.6 %

Very strong

Among the 10% highest rated companies in the industry

20192023

Net profit margin (of gross profit)

8.6 %

20192023

Asset turnover (of gross profit)

1.04×

20192023

Debt / equity

9.34×

Very weak

Among the 10% lowest rated companies in the industry

20192023

Sector performance

23 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Return on equity (ROE)Very strong

Among the 10% highest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Strong

Among the 40% highest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Very strong

Among the 10% highest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Strong

Among the 30% highest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioAverage

Around the average of companies in the same industry

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.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

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.

Operating marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

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.

Net profit marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Liquidity

Current ratioWeak

Among the 30% lowest rated companies in the industry

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.

Quick ratioAverage

Around the average of companies in the same industry

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 ratioStrong

Among the 40% highest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityVery weak

Among the 10% lowest rated companies in the industry

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 to long-term capitalVery weak

Among the 10% lowest rated companies in the industry

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.

Cash conversion ratioVery strong

Among the 20% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioWeak

Among the 30% lowest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioWeak

Among the 30% lowest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityVery weak

Among the 10% lowest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityVery weak

Among the 10% lowest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtAverage

Around the average of companies in the same industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtStrong

Among the 40% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageStrong

Among the 40% highest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtAverage

Around the average of companies in the same industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginStrong

Among the 40% highest rated companies in the industry

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.

Efficiency & development

Equity to contributed capitalStrong

Among the 40% highest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityVery weak

Among the 10% lowest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtWeak

Among the 30% lowest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Asset turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

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.

Annual reports & filings

Annual report 2023
Filed via CVR / Virk · Period 2022-10-01 – 2023-09-30
View PDF
Annual report 2022
Filed via CVR / Virk · Period 2021-10-01 – 2022-09-30
View PDF
Annual report 2021
Filed via CVR / Virk · Period 2020-10-01 – 2021-09-30
View PDF
Annual report 2020
Filed via CVR / Virk · Period 2019-10-01 – 2020-09-30
View PDF
Annual report 2019
Filed via CVR / Virk · Period 2018-10-01 – 2019-09-30
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (2)


KS Kenneth Soldal Chief Executive Officer	Chief Executive Officer	2010 – 2024
CB Carsten Brandstrup Andersen Management	Management	2010 – 2010

Board of directors

Non-executive oversight

Name	Role	Member since

Former (3)


HP Hans Peter Alnor Chairman	Chairman	2011 – 2013
KS Kenneth Soldal Board of Directors	Board of Directors	2011 – 2013
SF Steen Folmer Pedersen Board of Directors	Board of Directors	2011 – 2013

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
KESO INVEST ApS	Company	100%	100%	2013

Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.

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Related companies

Company hierarchy

KESO INVEST ApS100%

MILCOM LOGISTIK OG DISTRIBUTION ApS (this company)

Board network connections

Board members of MILCOM LOGISTIK OG DISTRIBUTION ApS also hold positions in 20 other companies.

Person	Role here	Other companies
Hans Peter Alnor	Chairman	10 companiesMany roles
Kenneth Soldal	Chief Executive Officer	6 companiesMany roles
Steen Folmer Pedersen	Board of Directors	4 companies

Frequently asked questions

What is the CVR number of MILCOM LOGISTIK OG DISTRIBUTION ApS?

MILCOM LOGISTIK OG DISTRIBUTION ApS is registered with CVR / Virk under CVR 33239122.

What is the gross profit of MILCOM LOGISTIK OG DISTRIBUTION ApS?

MILCOM LOGISTIK OG DISTRIBUTION ApS reported a gross profit of DKK 11.6m in 2023.

How many employees does MILCOM LOGISTIK OG DISTRIBUTION ApS have?

MILCOM LOGISTIK OG DISTRIBUTION ApS employs 31 people as of the latest annual report.

Where is MILCOM LOGISTIK OG DISTRIBUTION ApS headquartered?

MILCOM LOGISTIK OG DISTRIBUTION ApS's registered address is Farverland 6.