T Lang Development A/S — Credit Rating and Financial Key Figures

T Lang Development A/S (CVR number: 40817239) is a company from AARHUS. The company recorded a gross profit of 985.7 kDKK in 2023. The operating profit was 323.4 kDKK, while net earnings were 124.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent and Return on Equity (ROE) was 7.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 10.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. T Lang Development A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.