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MICHAEL B. LARSEN ApS — Credit Rating and Financial Key Figures

CVR number: 29932204
Arnborgvej 37, Borris 6900 Skjern
michaelbjoerstruplarsen@gmail.com
tel: 52513130
Free credit report Annual report

Company information

Official name
MICHAEL B. LARSEN ApS
Personnel
1 person
Established
2006
Domicile
Borris
Company form
Private limited company
Industry

About MICHAEL B. LARSEN ApS

MICHAEL B. LARSEN ApS (CVR number: 29932204) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -54 kDKK in 2025. The operating profit was -189 kDKK, while net earnings were 107.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.4 %, which can be considered excellent but Return on Equity (ROE) was 1.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 95.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL B. LARSEN ApS's liquidity measured by quick ratio was 24.3 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit- 105.74-91.05-52.06-49.61-53.96
EBIT- 105.74- 142.34- 152.06-49.61- 188.96
Net earnings1 863.58-1 595.38974.981 187.30107.42
Shareholders equity total8 441.676 246.296 721.277 286.577 258.99
Balance sheet total (assets)8 766.466 581.306 859.517 538.137 570.27
Net debt- 224.69- 341.53-6 699.31-7 232.23-7 360.27
Profitability
EBIT-%
ROA27.6 %5.5 %14.9 %19.1 %17.4 %
ROE24.6 %-21.7 %15.0 %17.0 %1.5 %
ROI28.3 %5.7 %15.4 %19.7 %18.1 %
Economic value added (EVA)- 427.05- 570.83- 463.03- 379.86- 474.53
Solvency
Equity ratio96.3 %94.9 %98.0 %96.7 %95.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio9.22.349.630.024.3
Current ratio9.22.349.630.024.3
Cash and cash equivalents224.69341.536 699.317 232.237 360.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:17.4%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.9%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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