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AAGE LANNGS FABRIKER A/S — Credit Rating and Financial Key Figures

CVR number: 14961011
Slåenvej 4, 8930 Randers NØ
tel: 86423732
Free credit report Annual report

Company information

Official name
AAGE LANNGS FABRIKER A/S
Personnel
18 persons
Established
1946
Company form
Limited company
Industry

About AAGE LANNGS FABRIKER A/S

AAGE LANNGS FABRIKER A/S (CVR number: 14961011) is a company from RANDERS. The company recorded a gross profit of 7925.9 kDKK in 2024. The operating profit was -1491.1 kDKK, while net earnings were -1409.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.6 %, which can be considered poor and Return on Equity (ROE) was -27.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 18.2 %, 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. AAGE LANNGS FABRIKER A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit11 900.796 510.167 798.259 098.477 925.93
EBIT4 593.81-1 204.07261.21538.78-1 491.07
Net earnings3 115.26-1 934.95- 208.25251.74-1 409.29
Shareholders equity total7 762.595 827.655 619.405 871.134 461.84
Balance sheet total (assets)14 724.6717 925.3317 385.8320 947.3724 542.80
Net debt82.653 898.385 357.455 250.7711 157.19
Profitability
EBIT-%
ROA27.2 %-12.5 %-0.2 %2.8 %-6.6 %
ROE48.3 %-28.5 %-3.6 %4.4 %-27.3 %
ROI45.0 %-21.0 %-0.3 %4.1 %-9.0 %
Economic value added (EVA)3 287.30-1 484.24- 283.09- 190.62-1 910.41
Solvency
Equity ratio52.7 %32.5 %32.3 %28.0 %18.2 %
Gearing11.6 %67.0 %95.4 %93.9 %253.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.20.70.80.70.6
Current ratio2.11.31.31.31.1
Cash and cash equivalents818.363.811.89265.03166.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-6.56%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.2%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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