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

CVR number: 14961011
Slåenvej 4, 8930 Randers NØ
tel: 86423732
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Company information

Official name
AAGE LANNGS FABRIKER A/S
Personnel
19 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 9098.5 kDKK in 2023. The operating profit was 538.8 kDKK, while net earnings were 251.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak but Return on Equity (ROE) was 4.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 28 %, 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. AAGE LANNGS FABRIKER A/S's liquidity measured by quick ratio was 0.7 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit7 186.1211 900.796 510.167 798.259 098.47
EBIT957.054 593.81-1 204.07261.21538.78
Net earnings473.653 115.26-1 934.95- 208.25251.74
Shareholders equity total5 127.347 762.595 827.655 619.405 871.13
Balance sheet total (assets)14 750.9614 724.6717 925.3317 385.8320 947.37
Net debt3 551.6682.653 898.385 357.455 250.77
Profitability
EBIT-%
ROA5.4 %27.2 %-12.5 %-0.2 %2.8 %
ROE9.7 %48.3 %-28.5 %-3.6 %4.4 %
ROI8.3 %45.0 %-21.0 %-0.3 %4.1 %
Economic value added (EVA)501.203 491.66-1 406.44-51.00110.52
Solvency
Equity ratio34.8 %52.7 %32.5 %32.3 %28.0 %
Gearing73.7 %11.6 %67.0 %95.4 %93.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.71.20.70.80.7
Current ratio1.42.11.31.31.3
Cash and cash equivalents224.78818.363.811.89265.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBA

Variable visualization

ROA:2.81%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.0%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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