DENNIS LANGE HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About DENNIS LANGE HOLDING ApS
DENNIS LANGE HOLDING ApS (CVR number: 30566939) is a company from AARHUS. The company recorded a gross profit of -11.4 kDKK in 2023. The operating profit was -11.4 kDKK, while net earnings were -12.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.7 %, which can be considered poor and Return on Equity (ROE) was -14 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60.1 %, 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. DENNIS LANGE HOLDING ApS's liquidity measured by quick ratio was 2.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -1.28 | -3.36 | -4.13 | -6.88 | -11.38 |
| EBIT | -1.28 | -3.36 | -4.13 | -6.88 | -11.38 |
| Net earnings | -1.04 | -4.99 | -4.17 | -3.66 | -12.56 |
| Shareholders equity total | 108.92 | 103.93 | 99.76 | 96.10 | 83.54 |
| Balance sheet total (assets) | 137.72 | 165.42 | 160.29 | 155.08 | 138.93 |
| Net debt | 16.51 | 48.30 | 48.68 | 53.98 | 43.44 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -1.0 % | -2.2 % | -2.5 % | -4.3 % | -7.7 % |
| ROE | -1.0 % | -4.7 % | -4.1 % | -3.7 % | -14.0 % |
| ROI | -1.1 % | -2.4 % | -2.7 % | -4.6 % | -8.0 % |
| Economic value added (EVA) | -5.58 | -7.57 | -8.24 | -8.80 | -15.19 |
| Solvency | |||||
| Equity ratio | 79.1 % | 62.8 % | 62.2 % | 62.0 % | 60.1 % |
| Gearing | 16.2 % | 48.2 % | 50.2 % | 56.2 % | 60.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 4.0 | 2.3 | 2.3 | 2.3 | 2.1 |
| Current ratio | 4.0 | 2.3 | 2.3 | 2.3 | 2.1 |
| Cash and cash equivalents | 1.17 | 1.80 | 1.43 | 6.94 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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