AXEL B. LANGE A/S — Credit Rating and Financial Key Figures

AXEL B. LANGE A/S (CVR number: 59620916K) is a company from FREDERIKSBERG. The company reported a net sales of 1 mDKK in 2017. The operating profit percentage was at 818.5 % (EBIT: 8.1 mDKK), while net earnings were 9985.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24 %, which can be considered excellent and Return on Equity (ROE) was 24.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 95.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AXEL B. LANGE A/S's liquidity measured by quick ratio was 44.6 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.