JØRN V. LANGE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About JØRN V. LANGE A/S
JØRN V. LANGE A/S (CVR number: 10440173) is a company from AALBORG. The company recorded a gross profit of -34.6 kDKK in 2024. The operating profit was -34.6 kDKK, while net earnings were 336.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good but Return on Equity (ROE) was 6.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. JØRN V. LANGE A/S'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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -44.25 | -48.03 | -43.61 | -54.10 | -34.63 |
EBIT | -44.25 | -48.03 | -43.61 | -54.10 | -34.63 |
Net earnings | 750.45 | 894.25 | - 613.67 | 886.09 | 336.42 |
Shareholders equity total | 3 587.81 | 4 482.06 | 3 868.39 | 4 754.48 | 5 090.90 |
Balance sheet total (assets) | 3 799.83 | 4 737.90 | 3 883.03 | 4 775.94 | 5 113.92 |
Net debt | 1.46 | 6.91 | 4.49 | -53.72 | -12.92 |
Profitability | |||||
EBIT-% | |||||
ROA | -29.6 % | -27.1 % | 20.6 % | 26.2 % | 8.7 % |
ROE | 23.4 % | 22.2 % | -14.7 % | 20.6 % | 6.8 % |
ROI | 29.9 % | 28.4 % | -18.8 % | 26.3 % | 8.8 % |
Economic value added (EVA) | - 176.42 | - 217.70 | - 259.19 | - 236.50 | - 263.22 |
Solvency | |||||
Equity ratio | 94.4 % | 94.6 % | 99.6 % | 99.6 % | 99.5 % |
Gearing | 0.1 % | 0.2 % | 0.2 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.0 | 15.5 | 2.5 | 0.6 |
Current ratio | 0.0 | 0.0 | 15.5 | 2.5 | 0.6 |
Cash and cash equivalents | 0.57 | 1.39 | 1.65 | 53.72 | 12.92 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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