LANNG DESIGN IVS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | 35.93 | 4.96 | -6.32 |
| EBIT | -4.85 | -12.15 | -10.67 |
| Net earnings | -4.24 | -8.90 | -13.48 |
| Shareholders equity total | 20.03 | 11.13 | -2.35 |
| Balance sheet total (assets) | 31.92 | 26.81 | 3.32 |
| 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 ratio | 62.7 % | 41.5 % | -41.4 % |
| Gearing | |||
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 2.7 | 1.7 | 0.6 |
| Current ratio | 2.7 | 1.7 | 0.6 |
| Cash and cash equivalents | 29.71 | 22.57 | 3.32 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | BB | BB | B |
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