LANGE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LANGE ApS
LANGE ApS (CVR number: 29133972) is a company from AARHUS. The company recorded a gross profit of 232.1 kDKK in 2024. The operating profit was -273.7 kDKK, while net earnings were -466.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -83.9 %, which can be considered poor and Return on Equity (ROE) was -129.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. LANGE ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 595.06 | 787.91 | 371.02 | 457.11 | 232.11 |
EBIT | 289.74 | 266.91 | -15.99 | 91.33 | - 273.67 |
Net earnings | 222.69 | -1 069.80 | -18.00 | 45.31 | - 466.18 |
Shareholders equity total | 1 863.20 | 680.40 | 548.01 | 593.32 | 127.14 |
Balance sheet total (assets) | 4 975.80 | 837.62 | 705.14 | 703.87 | 406.60 |
Net debt | 2 547.34 | - 623.03 | - 406.00 | - 451.68 | -88.55 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.9 % | 52.5 % | -2.1 % | 13.0 % | -83.9 % |
ROE | 12.7 % | -84.1 % | -2.9 % | 7.9 % | -129.4 % |
ROI | 6.1 % | -35.8 % | -2.6 % | 15.7 % | -96.2 % |
Economic value added (EVA) | -10.18 | 37.98 | -49.18 | 37.31 | - 304.85 |
Solvency | |||||
Equity ratio | 37.4 % | 81.2 % | 77.7 % | 84.3 % | 31.3 % |
Gearing | 161.1 % | 4.6 % | 173.4 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 5.2 | 4.4 | 6.3 | 1.5 |
Current ratio | 0.2 | 5.2 | 4.4 | 6.3 | 1.5 |
Cash and cash equivalents | 453.41 | 623.03 | 406.00 | 478.83 | 309.07 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BB | BBB | BBB | BB |
Variable visualization
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