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

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

Company information

Official name
LANGE ISENKRAM A/S
Personnel
9 persons
Established
1987
Domicile
Rindum
Company form
Limited company
Industry

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 1985.7 kDKK in 2024. The operating profit was -62 kDKK, while net earnings were -226.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.9 %, which can be considered poor and Return on Equity (ROE) was -9.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.5 %, 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 697.822 692.262 312.281 982.241 985.72
EBIT235.05107.6146.79- 435.23-62.01
Net earnings157.2510.02-86.83- 472.36- 226.80
Shareholders equity total3 109.313 119.333 032.502 560.142 333.34
Balance sheet total (assets)7 911.508 171.697 325.577 212.026 386.52
Net debt2 437.182 994.092 440.433 056.922 763.92
Profitability
EBIT-%
ROA3.2 %1.3 %0.6 %-6.0 %-0.9 %
ROE5.2 %0.3 %-2.8 %-16.9 %-9.3 %
ROI4.5 %1.8 %0.8 %-7.8 %-1.1 %
Economic value added (EVA)-71.21- 207.29- 271.42- 615.31- 344.52
Solvency
Equity ratio39.3 %38.2 %41.4 %35.5 %36.5 %
Gearing80.6 %96.7 %80.8 %119.6 %120.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.10.10.1
Current ratio1.61.61.71.51.6
Cash and cash equivalents68.9622.979.205.0041.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-0.87%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.5%
Rating: 31/100
-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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