M. LANGE GALVANO ApS

CVR number: 69951716
Alsvej 27, 8940 Randers SV
tel: 21443902

Credit rating

Company information

Official name
M. LANGE GALVANO ApS
Personnel
2 persons
Established
1982
Company form
Private limited company
Industry
  • Expand more icon25Manufacture of fabricated metal products, except machinery and equipment

About M. LANGE GALVANO ApS

M. LANGE GALVANO ApS (CVR number: 69951716) is a company from RANDERS. The company recorded a gross profit of 2241.2 kDKK in 2023. The operating profit was 1188.7 kDKK, while net earnings were 927.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.5 %, which can be considered excellent and Return on Equity (ROE) was 34.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. M. LANGE GALVANO ApS's liquidity measured by quick ratio was 1.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit2 623.392 348.753 558.473 276.682 241.21
EBIT1 236.27991.632 163.501 927.621 188.67
Net earnings955.01763.851 679.421 503.64927.57
Shareholders equity total2 937.222 751.073 080.492 934.132 461.70
Balance sheet total (assets)4 240.314 362.384 733.964 407.453 685.83
Net debt- 795.31- 711.40- 661.48-1 232.07- 738.86
Profitability
EBIT-%
ROA29.8 %23.1 %47.6 %42.4 %29.5 %
ROE33.4 %26.9 %57.6 %50.0 %34.4 %
ROI34.7 %27.5 %59.8 %53.4 %36.0 %
Economic value added (EVA)843.52667.881 591.801 380.00809.35
Solvency
Equity ratio69.3 %63.1 %65.1 %66.6 %66.8 %
Gearing2.9 %4.9 %0.1 %1.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.41.71.91.6
Current ratio1.81.51.81.91.6
Cash and cash equivalents879.12846.36663.181 232.07784.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:29.5%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.8%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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