MIKAEL LANGE HOLDING ApS — Credit Rating and Financial Key Figures

MIKAEL LANGE HOLDING ApS (CVR number: 34805334) is a company from ESBJERG. The company recorded a gross profit of -7.4 kDKK in 2023. The operating profit was -7.4 kDKK, while net earnings were 126.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.8 %, which can be considered excellent and Return on Equity (ROE) was 24.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.7 %, 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. MIKAEL LANGE HOLDING ApS's liquidity measured by quick ratio was 4.3 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.