MICHAEL VANG A/S — Credit Rating and Financial Key Figures

MICHAEL VANG A/S (CVR number: 42873373) is a company from KØBENHAVN. The company recorded a gross profit of 698.3 kDKK in 2024. The operating profit was 698.3 kDKK, while net earnings were 47.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.2 %, which can be considered good but Return on Equity (ROE) was 7.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 13.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. MICHAEL VANG A/S's liquidity measured by quick ratio was 6.7 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.