LANNG DESIGN IVS — Credit Rating and Financial Key Figures

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

Company information

Official name
LANNG DESIGN IVS
Established
2014
Company form
Entrepreneurial limited company
Industry

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
2016
2017
2018
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 ratingBBBBB

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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