Michael Gylling ApS — Credit Rating and Financial Key Figures

CVR number: 40992383
Bavnestedet 145, 3500 Værløse
mg@michaelgylling.dk
tel: 21680220

Company information

Official name
Michael Gylling ApS
Personnel
1 person
Established
2019
Company form
Private limited company
Industry

About Michael Gylling ApS

Michael Gylling ApS (CVR number: 40992383) is a company from FURESØ. The company recorded a gross profit of 1699.4 kDKK in 2023. The operating profit was 1096.6 kDKK, while net earnings were 842.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 39.7 %, which can be considered excellent and Return on Equity (ROE) was 46 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.1 %, 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 Gylling ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit1 619.66785.501 348.651 699.43
EBIT930.6395.84581.181 096.58
Net earnings727.2971.31448.18842.32
Shareholders equity total1 034.131 048.941 439.922 223.34
Balance sheet total (assets)1 428.772 862.152 524.442 998.50
Net debt- 398.08- 266.8381.52- 619.87
Profitability
EBIT-%
ROA65.1 %4.5 %21.6 %39.7 %
ROE70.3 %6.8 %36.0 %46.0 %
ROI82.6 %8.4 %40.8 %56.1 %
Economic value added (EVA)729.6442.00413.38772.27
Solvency
Equity ratio72.4 %36.6 %57.0 %74.1 %
Gearing5.7 %
Relative net indebtedness %
Liquidity
Quick ratio4.71.70.51.2
Current ratio4.71.70.51.2
Cash and cash equivalents398.08266.83619.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBAA

Variable visualization

ROA:39.7%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.1%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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