Michael Langvad ApS — Credit Rating and Financial Key Figures

Michael Langvad ApS (CVR number: 20988533) is a company from SILKEBORG. The company recorded a gross profit of -41.8 kDKK in 2024. The operating profit was -41.8 kDKK, while net earnings were 299.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good and Return on Equity (ROE) was 8.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 79.1 %, 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. Michael Langvad ApS's liquidity measured by quick ratio was 4.8 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.