LANGE ApS — Credit Rating and Financial Key Figures

CVR number: 29133972
Rolighedsvej 61, 8240 Risskov
ml@langeark.dk
tel: 54624809

Credit rating

Company information

Official name
LANGE ApS
Personnel
1 person
Established
2005
Company form
Private limited company
Industry

About LANGE ApS

LANGE ApS (CVR number: 29133972) is a company from AARHUS. The company recorded a gross profit of 457.1 kDKK in 2023. The operating profit was 91.3 kDKK, while net earnings were 45.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13 %, which can be considered good but Return on Equity (ROE) was 7.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 83.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LANGE ApS's liquidity measured by quick ratio was 6.1 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 profit714.57595.06787.91371.02457.11
EBIT121.62289.74266.91-15.9991.33
Net earnings90.51222.69-1 069.80-18.0045.31
Shareholders equity total1 640.511 863.20680.40548.01593.32
Balance sheet total (assets)4 826.704 975.80837.62705.14708.28
Net debt2 755.652 547.34- 623.03- 406.00- 478.83
Profitability
EBIT-%
ROA2.5 %5.9 %52.5 %-2.1 %13.0 %
ROE5.7 %12.7 %-84.1 %-2.9 %7.9 %
ROI2.6 %6.1 %-35.8 %-2.6 %16.1 %
Economic value added (EVA)435.69576.45630.16-17.8757.71
Solvency
Equity ratio34.0 %37.4 %81.2 %77.7 %83.8 %
Gearing185.9 %161.1 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.25.24.46.1
Current ratio0.20.25.24.46.1
Cash and cash equivalents294.02453.41623.03406.00479.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBB

Variable visualization

ROA:13.0%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.8%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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