LANGES INDUSTRI SERVICE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LANGES INDUSTRI SERVICE A/S
LANGES INDUSTRI SERVICE A/S (CVR number: 28665857) is a company from Brønderslev. The company recorded a gross profit of 156.5 kDKK in 2024. The operating profit was -93.6 kDKK, while net earnings were -54.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.7 %, which can be considered poor and Return on Equity (ROE) was -4.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 83.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LANGES INDUSTRI SERVICE A/S's liquidity measured by quick ratio was 5.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 270.46 | 294.07 | 236.61 | 501.48 | 156.49 |
| EBIT | 71.29 | 86.25 | 33.29 | 251.80 | -93.56 |
| Net earnings | 81.67 | 95.15 | 45.17 | 281.96 | -54.44 |
| Shareholders equity total | 800.29 | 895.45 | 940.62 | 1 222.58 | 1 168.13 |
| Balance sheet total (assets) | 875.81 | 1 026.38 | 1 007.74 | 1 532.24 | 1 400.12 |
| Net debt | - 495.52 | - 643.23 | - 557.20 | - 907.42 | - 906.22 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 6.5 % | 9.1 % | 3.3 % | 20.9 % | -4.7 % |
| ROE | 10.2 % | 11.2 % | 4.9 % | 26.1 % | -4.6 % |
| ROI | 6.8 % | 10.0 % | 3.6 % | 22.5 % | -5.0 % |
| Economic value added (EVA) | 50.19 | 61.04 | -21.36 | 222.56 | - 141.94 |
| Solvency | |||||
| Equity ratio | 91.4 % | 87.2 % | 93.3 % | 79.8 % | 83.4 % |
| Gearing | 2.7 % | 16.3 % | 15.6 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 11.2 | 7.2 | 13.6 | 4.7 | 5.7 |
| Current ratio | 11.2 | 7.2 | 13.6 | 4.7 | 5.7 |
| Cash and cash equivalents | 517.25 | 643.23 | 557.20 | 1 106.84 | 1 088.10 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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