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

CVR number: 24233014
Thorsvej 5 A, Rindum 6950 Ringkøbing
tel: 97325484

Credit rating

Company information

Official name
VALDEMAR LANGE A/S
Personnel
2 persons
Established
1977
Domicile
Rindum
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About VALDEMAR LANGE A/S

VALDEMAR LANGE A/S (CVR number: 24233014) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 1647 kDKK in 2023. The operating profit was 856.1 kDKK, while net earnings were 75.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent but Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 72.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. VALDEMAR LANGE A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 603.881 584.711 593.191 625.381 646.99
EBIT808.64831.78833.04823.13856.12
Net earnings4 065.724 294.442 261.69718.8475.63
Shareholders equity total34 984.4737 278.9137 540.6036 759.4435 335.06
Balance sheet total (assets)50 572.3556 182.9252 141.8750 840.5748 717.90
Net debt11 523.629 382.909 331.2810 449.208 883.17
Profitability
EBIT-%
ROA12.0 %14.6 %7.7 %4.9 %5.1 %
ROE12.0 %11.9 %6.0 %1.9 %0.2 %
ROI9.1 %9.6 %5.6 %4.3 %3.1 %
Economic value added (EVA)71.71- 184.12-57.09- 522.93- 169.83
Solvency
Equity ratio69.2 %66.4 %72.0 %72.3 %72.5 %
Gearing34.6 %40.7 %29.5 %29.0 %26.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.80.50.20.8
Current ratio0.30.80.50.20.8
Cash and cash equivalents573.225 784.741 755.67222.28607.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:5.13%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.5%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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