AXEL B. LANGE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AXEL B. LANGE A/S
AXEL B. LANGE A/S (CVR number: 59620916) is a company from FREDERIKSBERG. The company recorded a gross profit of -116.6 kDKK in 2024. The operating profit was -292 kDKK, while net earnings were 1288.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent and Return on Equity (ROE) was 5.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.1 %, 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 89.5 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 | - 191.70 | - 195.62 | - 111.25 | - 106.13 | - 116.61 |
EBIT | - 396.87 | - 370.96 | - 286.59 | - 281.47 | - 291.96 |
Net earnings | - 662.44 | 2 143.79 | -1 666.90 | 964.41 | 1 288.79 |
Shareholders equity total | 21 844.92 | 23 988.71 | 22 271.81 | 23 236.22 | 24 475.01 |
Balance sheet total (assets) | 22 018.42 | 24 205.47 | 22 439.10 | 23 349.54 | 24 688.98 |
Net debt | -18 568.08 | -18 250.47 | -16 268.65 | -17 441.07 | -18 509.33 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.1 % | 9.3 % | 3.5 % | 4.5 % | 5.9 % |
ROE | -2.8 % | 9.4 % | -7.2 % | 4.2 % | 5.4 % |
ROI | 3.1 % | 9.4 % | 3.6 % | 4.5 % | 6.0 % |
Economic value added (EVA) | -1 667.25 | -1 468.67 | -1 492.03 | -1 400.63 | -1 459.58 |
Solvency | |||||
Equity ratio | 99.2 % | 99.1 % | 99.3 % | 99.5 % | 99.1 % |
Gearing | 0.2 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 109.1 | 85.8 | 99.5 | 156.5 | 89.5 |
Current ratio | 109.1 | 85.8 | 99.5 | 156.5 | 89.5 |
Cash and cash equivalents | 18 568.08 | 18 250.47 | 16 268.65 | 17 441.07 | 18 550.30 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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