MILESTONE SYSTEMS A/S
CVR 20341130 · Public limited company (A/S) · Active · Low risk
MILESTONE SYSTEMS A/S is a Public limited company (A/S), founded on , based in Brøndby. The company is registered in the industry anden udgivelse af software. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.7bn and a net result of DKK 183.4m. CEO: Lars Larsen.
Bankruptcy risk for MILESTONE SYSTEMS A/S
0.0%
probability of bankruptcy within 12 months
Low risk
0.0 × the average (1.41%) · higher risk than 6% of active Danish companies
Lowest riskHighest risk
Increases the risk
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×
Reduces the risk
Reporting classReporting class C, large enterprise · bankruptcy rate 0.2%0.03×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Employees (latest year)100+ · bankruptcy rate 2.3%0.27×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.
Company details
- CVR number
- 20341130
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (29 years)
- Address
- Banemarksvej 50
2605 Brøndby - Municipality
- Brøndby
- Industry
- Anden udgivelse af software (582900)
Bankruptcies in the industry: Anden udgivelse af software - Share capital
- DKK 2.5m
- Employees
- 318 (2018)
- Auditor
- PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
- Audit opted out
- No
Warning signs
| Annual reports filed late | 0 of 28 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 38.9% |
| Current ratio | 111% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 9 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 36 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Revenue | DKK 2.2bn | DKK 1.8bn |
| Gross profit | DKK 2.0bn | DKK 1.7bn |
| Net profit | DKK 183.4m | DKK 262.1m |
| Equity | DKK 1.7bn | DKK 1.5bn |
| Total assets | DKK 4.2bn | DKK 3.8bn |
| Cash | DKK 483.8m | – |
| Short-term debt | DKK 1.7bn | – |
| Tax owed | DKK 3.9m | – |
| Avg. employees | 556 | – |
Latest annual report: Reporting class C, large enterprise · auditor's statement: Auditor's report on audited financial statements · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 85 | ||
| 1 Jan 2024 – 31 Dec 2024 | 86 | ||
| 1 Jan 2023 – 31 Dec 2023 | 94 | ||
| 1 Jan 2022 – 31 Dec 2022 | 89 | ||
| 1 Jan 2021 – 31 Dec 2021 | 111 | ||
| 1 Jan 2020 – 31 Dec 2020 | 98 | ||
| 1 Jan 2019 – 31 Dec 2019 | 111 | ||
| 1 Jan 2018 – 31 Dec 2018 | 124 | ||
| 1 Jan 2017 – 31 Dec 2017 | 95 | ||
| 1 Jan 2016 – 31 Dec 2016 | 93 | ||
| 1 Jan 2015 – 31 Dec 2015 | 99 | ||
| 1 Jan 2014 – 31 Dec 2014 | 160 | ||
| 1 Jan 2013 – 31 Dec 2013 | 118 | ||
| 1 Jan 2012 – 31 Dec 2012 | 133 | ||
| 1 Jan 2011 – 31 Dec 2011 | 114 | ||
| 1 Jan 2010 – 31 Dec 2010 | 97 | ||
| 1 Jan 2009 – 31 Dec 2009 | 147 | ||
| 1 Jan 2008 – 31 Dec 2008 | 123 | ||
| 1 Jan 2007 – 31 Dec 2007 | 136 | ||
| 1 Jan 2006 – 31 Dec 2006 | 156 |
The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.
Management, owners and auditor
| Role | Name | From | To |
|---|---|---|---|
| CEO | Lars Larsen | Current | |
| CEO | Steen Schierbeck | ||
| CEO | Henrik Friborg Jacobsen | ||
| CEO | John Sergio Blem | ||
| CEO | Lars Thinggaard | ||
| CEO | Lars Larsen | ||
| Board | Lau Normann | Current | |
| Board | John Sergio Blem | Current | |
| Board | Monika Adele Germanaviciute | Current | |
| Board | Minoru Asada | Current | |
| Board | Muhammad Kamran Shafique | Current | |
| Board | Seymour Erwin Liebman | Current | |
| Board | Henrik Friborg Jacobsen | ||
| Board | Lau Normann | ||
| Board | Paolo Blem | ||
| Board | Michael Brogaard Munkemose | ||
| Board | Lars Thinggaard | ||
| Board | Ole Stangegaard | ||
| Board | Allan Axel Eimert | ||
| Board | Lars Bo Ive | ||
| Board | Kim Macallan | ||
| Board | Peter Jacob Rosengren Sørensen | ||
| Board | Jens Bo Berthelsen | ||
| Board | Per Søbye | ||
| Board | Giuseppe Zocco | ||
| Board | Jens Bo Berthelsen | ||
| Board | Jesper Balser | ||
| Board | Hans Jørgen Skovgaard | ||
| Board | Peter Jacob Rosengren Sørensen | ||
| Board | Artur Gevorkovic Magaljan | ||
| Board | Peter Jacobsen Mansfeldt | ||
| Board | John Sergio Blem | ||
| Board | Lars Thinggaard | ||
| Board | Lars Larsen | ||
| Board | Søren Eschricht Jensen | ||
| Board | Lars Larsen | ||
| Board | Henrik Friborg Jacobsen | ||
| Board | John Sergio Blem | ||
| Board | Kenneth Hune Petersen | ||
| Board | Jeppe Frandsen | ||
| Board | Steen Strandskov Andersen | ||
| Board | Vibeke Krog Olsen | ||
| Board | Gustaf Pontus Löfberg | ||
| Board | Marieta Georgieva Ivanova | ||
| Owner (100%) | Canon Inc. | Current | |
| Owner (100%) | MILESTONE GROUP A/S | ||
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB | Current | |
| Auditor | Carl Edvard Gudbergsen | ||
| Auditor | F L REVISION | ||
| Auditor | PricewaterhouseCoopers, Statsautoriseret Revisionsinteressentskab | ||
| Auditor | BGC HOLDING 2007, STATSAUTORISERET REVISIONSAKTIESELSKAB | ||
| Auditor | PRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB | ||
| Founder | ASX 9667 ApS | Current |
The CEOs' other companies
Lars Larsen – 15 other companies, of which 1 bankrupt
- OLICOM A/S Bankrupt 18 Jun 2010
- Arcus Holding A/S Fusioneret
- Barley 1 A/S Active
- Carlsberg Central Office A/S Active
- DAMGAARD A/S Fusioneret
- EJENDOMSAKTIESELSKABET TUBORG NORD B Opløst
- EJENDOMSAKTIESELSKABET TUBORG NORD D Opløst
- HIRD A/S Compulsorily dissolved
- Home of Carlsberg A/S Active
- INVESTERINGSSELSKABET AF 17. JANUAR 1991 A/S Opløst
- METROPOLIS MARINA ApS Active
- MICROSOFT DEVELOPMENT CENTER COPENHAGEN ApS Active
- MILESTONE GROUP A/S Fusioneret
- OLICOM TRADING A/S Fusioneret
- OLICOM VENTURES A/S Fusioneret
Steen Schierbeck – 46 other companies, of which 46 bankrupt
- 19670643 A/S Bankrupt 4 Jul 2002
- 21113387 A/S Bankrupt 6 Nov 2002
- 2N HOLDING A/S Bankrupt 15 Feb 2006
- 2P FINANS ApS Bankrupt 31 Aug 2004
- 3D AF 21. DECEMBER A/S Bankrupt 23 Jan 2002
- 3J GROUP ApS Bankrupt 22 Mar 2011
- 3TOP DØRE OG VINDUER ApS Bankrupt 23 Feb 1999
- A TO B STRATEGY & COMMUNICATION ApS Bankrupt 1 Jun 2010
- A-L STÅL A/S Bankrupt 5 Oct 2009
- A.A. ENTREPRISE ApS Bankrupt 26 Jan 1994
- A.J. CONTAINER ApS Bankrupt 3 May 2013
- A/S 22 AF 11. MARTS 2002 Bankrupt 21 Mar 2002
- A/S AF 26. NOVEMBER 2008 Bankrupt 16 Dec 2008
- ABBS HOLDING ApS Bankrupt 12 Nov 2002
- AC ApS Bankrupt 15 Mar 2001
- ACAK 5592 ApS Bankrupt 20 Jan 2012
- ADAMFOOD A/S Bankrupt 28 Feb 2006
- ADDITION/+ CONSULTING A/S Bankrupt 16 Mar 2020
- ADEPT SCIENTIFIC A/S Bankrupt 5 Jan 2015
- ADMINISTRATIONSSELSKABET AF 1. APRIL 1991 ApS Bankrupt 27 May 1993
- ADVANTAGE INTERNATIONAL ApS Bankrupt 9 Mar 2000
- AEH TRADING ApS Bankrupt 9 Oct 1996
- AFRICAN ENERGY INVESTMENT A/S Bankrupt 15 Jul 2010
- AFV AF 1/11 2000 ApS Bankrupt 16 Oct 2001
- AFVIKLINGSELSKABET AF 26. SEPTEMBER 2003 A/S Bankrupt 26 Nov 2003
- AFVIKLINGSSELSKABET AF 11. SEPTEMBER 2001 ApS Bankrupt 2 Oct 2001
- AFVIKLINGSSELSKABET AF 20.DECEMBER2004 A/S Bankrupt 11 Jul 2005
- AFVIKLINGSSELSKABET AF 28-12-07 ApS Bankrupt 20 Nov 2009
- AFVIKLINGSSELSKABET AF 6. MARTS 2008 ApS Bankrupt 25 Mar 2008
- AFVIKLINGSSELSKABET AF 8.2.1999 A/S Bankrupt 6 Jul 2000
Henrik Friborg Jacobsen – 25 other companies, of which 1 bankrupt
- Selskabet af 27-04-23 A/S Bankrupt 11 May 2023
- ABC INTERNATIONAL ApS Opløst
- AMBROX Korsør A/S Active
- AMBROX PROPERTY RINGSTED A/S Active
- Ambrox Herning A/S Active
- CCB Ejendomme ApS Active
- FRIBORG INVEST 2014 ApS Fusioneret
- FRIBORG INVEST ApS Fusioneret
- Friborg Equities ApS Active
- Friborg Invest 2 ApS Fusioneret
- Friborg Invest ApS Active
- Greenergy Invest ApS Active
- H Friborg Holding ApS Active
- H. Friborg Invest ApS Opløst
- MIDLERTIDIG HOLDING 2 ApS Opløst
- MILESTONE GROUP A/S Fusioneret
- MUSKETEER MUTUAL ApS Fusioneret
- MUTUAL HOLDING ApS Fusioneret
- Munit.io Aps Active
- PALLAS CARE ApS Opløst
- PALLAS INTERNATIONAL ApS Opløst
- Pallas Informatik Holding ApS Opløst
- Solartag ApS Active
- Torgius Danmark ApS Active
- Torgius IT & Consulting ApS Active
John Sergio Blem – 11 other companies, of which 1 bankrupt
- Medicinudstyrsselskabet af 12. februar 2021 ApS Bankrupt 22 Feb 2021
- BLEM GROUP ApS Active
- BLEM HOLDING ApS Fusioneret
- Blem Holding ApS Active
- J. Blem Holding ApS Opløst
- J. Blem Holding ApS Fusioneret
- Komplementarselskabet MC ApS Active
- MIDLERTIDIG HOLDING 1 ApS Opløst
- MILESTONE GROUP A/S Fusioneret
- Rævegade-Strandgade Holding ApS Active
- Strandgade 104 ApS Opløst
Lars Thinggaard – 17 other companies, of which 4 bankrupt
- ACT.Global A/S Bankrupt 29 Sep 2020
- MONDOSOFT A/S Bankrupt 4 Oct 2007
- SELSKABET AF 21. SEPTEMBER 2006 A/S Bankrupt 23 Oct 2007
- VIGILANTE A/S Bankrupt 27 Jun 2002
- AIRTAME ApS Active
- Arcus Holding A/S Fusioneret
- COMITEL A/S Fusioneret
- COMITEL AKTIEBESIDDELSE A/S Fusioneret
- COMITEL MANAGEMENT A/S Fusioneret
- Dixa ApS Active
- F3 MANAGEMENT ApS Active
- MILESTONE GROUP A/S Fusioneret
- NEUPART & MUNKEDAL HOLDING ApS Compulsorily dissolved
- NORRIQ Equity A/S Fusioneret
- THINGGAARD INVEST 2014 ApS Fusioneret
- Veo Technologies ApS Active
- WEBPROOF A/S Active
Address history (1 moves)
| Banemarksvej 50, 2605 Brøndby | |
| c/o Symbion Forskerpark, Fruebjergvej 3, 2100 København Ø |
Former names
| MILESTONE SYSTEMS A/S | – now |
| MILESTONE SYSTEMS ApS | – |
| SCSK 2108 ApS | – |
Employees per year
Other companies at the same address
- DANISH CONSULTING SERVICE ApS Bankrupt
- DANSK DATASERVICE SYSTEMCENTER A/S Bankrupt
- ICT SERVICES INSTITUTE ApS Bankrupt
- INVESTERINGSSELSKABET AF 16.10.2006 ApS Bankrupt
- NETMAGE DANMARK A/S Bankrupt
- AKTIESELSKABET AF 11. DECEMBER 1998 Opløst
- AKTIV KAPITAL DANMARK A/S Fusioneret
- ASVA A/S Fusioneret
- AVNET APPLIED COMPUTING A/S Opløst
- Arcus Holding A/S Fusioneret
- BHR SERVICE A/S Active
- BIBLIOTHECA HOLDING ApS Opløst
- BIBLIOTHECA SWITZERLAND HOLDING ApS Opløst
- BIOENER ApS Opløst
- CONELEC A/S Fusioneret
- CONTINENTAL DÆK DANMARK A/S Active
- Christian Paulin Holding ApS Active
- ContiTech Holding Industrial Solutions Denmark A/S Active
- EG COMTECH ApS Opløst
- EJERBO.DK ApS Opløst
- Fætters VVS ApS Active
- HANDS INTERNATIONAL SUPPORT ApS Fusioneret
- IT 220601 A/S Fusioneret
- IT QUALITY ApS Opløst
- KLÉBER DANMARK A/S Fusioneret
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Questions and answers about MILESTONE SYSTEMS A/S
Has MILESTONE SYSTEMS A/S gone bankrupt?
No, MILESTONE SYSTEMS A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of MILESTONE SYSTEMS A/S?
Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.
Who is the CEO of MILESTONE SYSTEMS A/S?
Lars Larsen is the CEO of MILESTONE SYSTEMS A/S.
Who is the auditor of MILESTONE SYSTEMS A/S?
MILESTONE SYSTEMS A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.
When was MILESTONE SYSTEMS A/S founded?
MILESTONE SYSTEMS A/S was founded on 1 August 1997.
What is the equity of MILESTONE SYSTEMS A/S?
Equity was DKK 1.7bn according to the annual report for the period ending 31 December 2025.
Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.