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Michael Langvad ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Michael Langvad ApS
Michael Langvad ApS (CVR number: 20988533) is a company from SILKEBORG. The company recorded a gross profit of -34.8 kDKK in 2025. The operating profit was -34.8 kDKK, while net earnings were 201.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent and Return on Equity (ROE) was 5.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 77.4 %, 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 4.4 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -53.63 | -17.31 | -14.04 | -41.84 | -34.78 |
| EBIT | -53.63 | -17.31 | -14.04 | -41.84 | -34.78 |
| Net earnings | 472.97 | - 541.97 | 309.55 | 299.21 | 201.06 |
| Shareholders equity total | 3 802.49 | 3 146.12 | 3 337.87 | 3 515.08 | 3 581.13 |
| Balance sheet total (assets) | 4 747.19 | 3 906.64 | 4 136.70 | 4 445.81 | 4 625.56 |
| Net debt | -4 747.19 | -3 906.46 | -4 132.32 | -4 421.98 | -4 625.56 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 14.2 % | -0.4 % | 8.5 % | 8.3 % | 6.5 % |
| ROE | 13.1 % | -15.6 % | 9.5 % | 8.7 % | 5.7 % |
| ROI | 17.6 % | -0.5 % | 10.6 % | 10.3 % | 8.4 % |
| Economic value added (EVA) | - 214.82 | - 208.39 | - 172.13 | - 206.84 | - 203.78 |
| Solvency | |||||
| Equity ratio | 80.1 % | 80.5 % | 80.7 % | 79.1 % | 77.4 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 5.0 | 5.1 | 5.2 | 4.8 | 4.4 |
| Current ratio | 5.0 | 5.1 | 5.2 | 4.8 | 4.4 |
| Cash and cash equivalents | 4 747.19 | 3 906.46 | 4 132.32 | 4 421.98 | 4 625.56 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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