LANGE ISENKRAM A/S — Credit Rating and Financial Key Figures

CVR number: 11757979
Skaadsmosevej 4, Rindum 6950 Ringkøbing
tel: 97325484

Credit rating

Company information

Official name
LANGE ISENKRAM A/S
Personnel
12 persons
Established
1987
Domicile
Rindum
Company form
Limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About LANGE ISENKRAM A/S

LANGE ISENKRAM A/S (CVR number: 11757979) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 1977.4 kDKK in 2023. The operating profit was -435.2 kDKK, while net earnings were -472.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6 %, which can be considered poor and Return on Equity (ROE) was -16.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.5 %, 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. LANGE ISENKRAM A/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit2 948.632 697.822 692.262 312.281 977.44
EBIT209.74235.05107.6146.79- 435.23
Net earnings82.18157.2510.02-86.83- 472.36
Shareholders equity total2 952.063 109.313 119.333 032.502 560.14
Balance sheet total (assets)7 158.927 911.508 171.697 325.577 212.02
Net debt2 120.882 437.182 994.092 440.433 056.92
Profitability
EBIT-%
ROA2.9 %3.2 %1.3 %0.6 %-6.0 %
ROE2.8 %5.2 %0.3 %-2.8 %-16.9 %
ROI4.1 %4.5 %1.8 %0.8 %-7.8 %
Economic value added (EVA)18.9336.53-77.89- 118.66- 491.75
Solvency
Equity ratio41.2 %39.3 %38.2 %41.4 %35.5 %
Gearing72.2 %80.6 %96.7 %80.8 %119.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.00.10.1
Current ratio1.71.61.61.71.5
Cash and cash equivalents11.6068.9622.979.205.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:-5.99%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.5%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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