Mikael Lange ApS

Mikael Lange ApS (CVR number: 35036695) is a company from SYDDJURS. The company recorded a gross profit of 645.5 kDKK in 2023. The operating profit was 63 kDKK, while net earnings were 46.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good but Return on Equity (ROE) was 23.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Mikael Lange ApS's liquidity measured by quick ratio was 1.3 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.