M. LANGE ODENSE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About M. LANGE ODENSE ApS
M. LANGE ODENSE ApS (CVR number: 74862918) is a company from KERTEMINDE. The company recorded a gross profit of 3824.9 kDKK in 2024. The operating profit was -1640.1 kDKK, while net earnings were -1542.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.1 %, which can be considered poor and Return on Equity (ROE) was -4.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. M. LANGE ODENSE ApS's liquidity measured by quick ratio was 0.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 694.47 | 2 665.72 | 3 086.14 | 3 479.38 | 3 824.87 |
EBIT | 3 418.49 | 4 448.20 | 1 352.94 | 2 278.64 | -1 640.07 |
Net earnings | 2 544.27 | 3 581.80 | 715.57 | 1 449.51 | -1 542.24 |
Shareholders equity total | 30 382.01 | 33 907.31 | 30 622.88 | 32 072.40 | 30 530.15 |
Balance sheet total (assets) | 63 994.69 | 80 220.81 | 79 979.75 | 79 917.97 | 70 435.71 |
Net debt | 26 027.10 | 37 567.37 | 40 663.67 | 39 116.28 | 32 561.96 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.4 % | 6.2 % | 1.7 % | 2.9 % | -2.1 % |
ROE | 8.7 % | 11.1 % | 2.2 % | 4.6 % | -4.9 % |
ROI | 5.5 % | 6.2 % | 1.7 % | 2.9 % | -2.1 % |
Economic value added (EVA) | - 389.11 | 605.46 | -2 888.79 | -2 136.29 | -4 878.94 |
Solvency | |||||
Equity ratio | 47.5 % | 42.3 % | 38.4 % | 40.3 % | 43.5 % |
Gearing | 86.1 % | 111.5 % | 132.8 % | 122.0 % | 108.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.1 | 0.0 | 0.0 | 0.5 |
Current ratio | 0.1 | 0.1 | 0.0 | 0.0 | 0.4 |
Cash and cash equivalents | 124.72 | 223.66 | 0.01 | 0.01 | 590.89 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
Variable visualization
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