BANG LYNGE HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31744490
Firhuse 20, 7441 Bording
tel: 40882344

Credit rating

Company information

Official name
BANG LYNGE HOLDING ApS
Personnel
1 person
Established
2008
Company form
Private limited company
Industry

About BANG LYNGE HOLDING ApS

BANG LYNGE HOLDING ApS (CVR number: 31744490) is a company from IKAST-BRANDE. The company recorded a gross profit of -58.9 kDKK in 2023. The operating profit was -151.5 kDKK, while net earnings were 129.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.5 %, which can be considered poor but Return on Equity (ROE) was 9.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 38 %, 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. BANG LYNGE HOLDING ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit10.37- 108.8084.66-60.46-58.87
EBIT- 194.02- 276.10-55.33- 157.78- 151.47
Net earnings- 231.42-51.86- 513.634.56129.81
Shareholders equity total1 866.331 814.481 300.841 305.411 435.21
Balance sheet total (assets)4 689.954 576.903 699.113 633.223 771.95
Net debt-1 209.44-1 284.97-1 109.90- 987.78-1 032.92
Profitability
EBIT-%
ROA0.6 %-0.8 %4.5 %4.9 %-0.5 %
ROE-11.7 %-2.8 %-33.0 %0.4 %9.5 %
ROI1.4 %-1.9 %12.0 %13.7 %-1.3 %
Economic value added (EVA)- 254.24- 239.82-83.75- 121.62- 123.51
Solvency
Equity ratio39.8 %39.6 %35.2 %35.9 %38.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.50.60.60.60.6
Current ratio0.50.60.60.60.6
Cash and cash equivalents1 209.441 284.971 109.90987.781 032.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-0.47%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.0%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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