ARNE LANGE HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ARNE LANGE HOLDING ApS
ARNE LANGE HOLDING ApS (CVR number: 27242820) is a company from ESBJERG. The company recorded a gross profit of -68.7 kDKK in 2023. The operating profit was -446.4 kDKK, while net earnings were -2027.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -26.5 %, which can be considered poor and Return on Equity (ROE) was -72.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.9 %, 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. ARNE LANGE HOLDING ApS's liquidity measured by quick ratio was 2.5 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 | -62.19 | -69.33 | -30.57 | -53.74 | -68.70 |
EBIT | - 492.28 | - 347.82 | - 381.14 | - 430.64 | - 446.38 |
Net earnings | - 425.76 | - 578.13 | -70.12 | - 694.98 | -2 027.47 |
Shareholders equity total | 5 986.86 | 5 019.00 | 4 733.14 | 3 923.76 | 1 637.39 |
Balance sheet total (assets) | 6 299.92 | 5 105.19 | 5 385.20 | 4 607.66 | 2 375.60 |
Net debt | -4 122.56 | -2 966.17 | -2 164.00 | -1 150.00 | - 370.81 |
Profitability | |||||
EBIT-% | |||||
ROA | -5.6 % | -5.6 % | -1.0 % | -9.3 % | -26.5 % |
ROE | -6.1 % | -10.5 % | -1.4 % | -16.1 % | -72.9 % |
ROI | -5.7 % | -5.7 % | -1.0 % | -9.4 % | -27.2 % |
Economic value added (EVA) | - 537.01 | - 367.84 | - 423.22 | - 468.37 | - 497.55 |
Solvency | |||||
Equity ratio | 95.0 % | 98.3 % | 87.9 % | 85.2 % | 68.9 % |
Gearing | 3.0 % | 12.8 % | 16.2 % | 37.9 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 16.0 | 45.1 | 6.4 | 5.1 | 2.5 |
Current ratio | 16.0 | 45.1 | 6.4 | 5.1 | 2.5 |
Cash and cash equivalents | 4 301.19 | 2 966.17 | 2 769.48 | 1 785.22 | 991.31 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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