SØREN LANGE HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 34886164
Brolæggervej 19, 6710 Esbjerg V

Company information

Official name
SØREN LANGE HOLDING ApS
Established
2012
Company form
Private limited company
Industry

About SØREN LANGE HOLDING ApS

SØREN LANGE HOLDING ApS (CVR number: 34886164) is a company from ESBJERG. The company recorded a gross profit of 50.1 kDKK in 2023. The operating profit was 36 kDKK, while net earnings were 22.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent and Return on Equity (ROE) was 8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 23.1 %, 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. SØREN LANGE HOLDING ApS's liquidity measured by quick ratio was 0.1 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.

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 profit25.2034.4232.1838.7350.06
EBIT13.2622.4818.5124.7236.05
Net earnings10.0532.1616.4724.2422.40
Shareholders equity total395.03371.89331.86298.90262.40
Balance sheet total (assets)1 099.441 145.661 107.801 086.081 135.05
Net debt-43.25674.34672.20708.92732.19
Profitability
EBIT-%
ROA3.3 %5.5 %4.1 %4.9 %5.8 %
ROE2.4 %8.4 %4.7 %7.7 %8.0 %
ROI8.7 %8.1 %4.2 %5.0 %5.9 %
Economic value added (EVA)-3.824.803.9612.5821.35
Solvency
Equity ratio35.9 %32.5 %30.0 %27.5 %23.1 %
Gearing203.5 %229.8 %258.9 %326.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.20.10.10.1
Current ratio0.10.20.10.10.1
Cash and cash equivalents43.2582.3490.2964.81125.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:5.85%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.1%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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