LANNG DESIGN IVS

CVR number: 35858695
Vestergade 48 L, 8000 Aarhus C
lanngdesign@gmail.com
tel: 22177302
www.lanngdesign.dk

Credit rating

Company information

Official name
LANNG DESIGN IVS
Established
2014
Company form
Entrepreneurial limited company
Industry
  • Expand more icon31Manufacture of furniture

About LANNG DESIGN IVS

LANNG DESIGN IVS (CVR number: 35858695) is a company from AARHUS. The company recorded a gross profit of -6.3 kDKK in 2018. The operating profit was -10.7 kDKK, while net earnings were -13.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -64.6 %, which can be considered poor and Return on Equity (ROE) was -186.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -41.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. LANNG DESIGN IVS's liquidity measured by quick ratio was 0.6 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
201620172018
Volume
Net sales
Gross profit35.934.96-6.32
EBIT-4.85-12.15-10.67
Net earnings-4.24-8.90-13.48
Shareholders equity total20.0311.13-2.35
Balance sheet total (assets)31.9226.813.32
Net debt-29.71-22.57-3.32
Profitability
EBIT-%
ROA-15.1 %-37.6 %-64.6 %
ROE-21.2 %-57.1 %-186.5 %
ROI-24.1 %-70.8 %-188.4 %
Economic value added (EVA)-4.05-8.12-11.97
Solvency
Equity ratio62.7 %41.5 %-41.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.71.70.6
Current ratio2.71.70.6
Cash and cash equivalents29.7122.573.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:-64.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-41.4%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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