BANG LYNGE HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 10.37 | - 108.80 | 84.66 | -60.46 | -58.87 |
EBIT | - 194.02 | - 276.10 | -55.33 | - 157.78 | - 151.47 |
Net earnings | - 231.42 | -51.86 | - 513.63 | 4.56 | 129.81 |
Shareholders equity total | 1 866.33 | 1 814.48 | 1 300.84 | 1 305.41 | 1 435.21 |
Balance sheet total (assets) | 4 689.95 | 4 576.90 | 3 699.11 | 3 633.22 | 3 771.95 |
Net debt | -1 209.44 | -1 284.97 | -1 109.90 | - 987.78 | -1 032.92 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.6 % | -0.8 % | 4.5 % | 4.9 % | -0.5 % |
ROE | -11.7 % | -2.8 % | -33.0 % | 0.4 % | 9.5 % |
ROI | 1.4 % | -1.9 % | 12.0 % | 13.7 % | -1.3 % |
Economic value added (EVA) | - 254.24 | - 239.82 | -83.75 | - 121.62 | - 123.51 |
Solvency | |||||
Equity ratio | 39.8 % | 39.6 % | 35.2 % | 35.9 % | 38.0 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.6 | 0.6 | 0.6 | 0.6 |
Current ratio | 0.5 | 0.6 | 0.6 | 0.6 | 0.6 |
Cash and cash equivalents | 1 209.44 | 1 284.97 | 1 109.90 | 987.78 | 1 032.92 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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