M. LANGE ODENSE ApS — Credit Rating and Financial Key Figures

CVR number: 74862918
Damgårds Alle 45, 5300 Kerteminde
mikkel@ml-ejendom.dk
tel: 30241466
www.ml-ejendom.dk

Credit rating

Company information

Official name
M. LANGE ODENSE ApS
Personnel
1 person
Established
1984
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 694.472 665.723 086.143 479.383 824.87
EBIT3 418.494 448.201 352.942 278.64-1 640.07
Net earnings2 544.273 581.80715.571 449.51-1 542.24
Shareholders equity total30 382.0133 907.3130 622.8832 072.4030 530.15
Balance sheet total (assets)63 994.6980 220.8179 979.7579 917.9770 435.71
Net debt26 027.1037 567.3740 663.6739 116.2832 561.96
Profitability
EBIT-%
ROA5.4 %6.2 %1.7 %2.9 %-2.1 %
ROE8.7 %11.1 %2.2 %4.6 %-4.9 %
ROI5.5 %6.2 %1.7 %2.9 %-2.1 %
Economic value added (EVA)- 389.11605.46-2 888.79-2 136.29-4 878.94
Solvency
Equity ratio47.5 %42.3 %38.4 %40.3 %43.5 %
Gearing86.1 %111.5 %132.8 %122.0 %108.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.00.00.5
Current ratio0.10.10.00.00.4
Cash and cash equivalents124.72223.660.010.01590.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-2.12%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.5%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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