NIELS LANGE ApS — Credit Rating and Financial Key Figures

CVR number: 13189188
Kølsenvej 14, 8831 Løgstrup
tel: 86642708
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Company information

Official name
NIELS LANGE ApS
Personnel
1 person
Established
1989
Company form
Private limited company
Industry

About NIELS LANGE ApS

NIELS LANGE ApS (CVR number: 13189188) is a company from VIBORG. The company recorded a gross profit of 34.3 kDKK in 2023. The operating profit was 6 kDKK, while net earnings were 3.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 76.5 %, 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. NIELS LANGE ApS's liquidity measured by quick ratio was 3.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit46.5818.1119.0243.8034.32
EBIT27.67-2.69-12.1015.705.98
Net earnings19.20-2.52-11.1211.163.59
Shareholders equity total218.82216.30205.18216.34219.93
Balance sheet total (assets)255.90263.52262.88300.83287.42
Net debt- 239.74- 245.12- 188.31- 234.78- 243.57
Profitability
EBIT-%
ROA9.7 %-1.0 %-4.6 %5.6 %2.1 %
ROE9.2 %-1.2 %-5.3 %5.3 %1.6 %
ROI13.3 %-1.2 %-5.7 %7.5 %2.8 %
Economic value added (EVA)26.61-1.64-7.1712.316.90
Solvency
Equity ratio85.5 %82.1 %78.0 %71.9 %76.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio8.15.53.63.03.7
Current ratio8.15.53.63.03.7
Cash and cash equivalents239.74245.12188.31234.78243.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:2.07%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.5%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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