METTE LANGE ARCHITECTS ApS
Credit rating
Company information
About METTE LANGE ARCHITECTS ApS
METTE LANGE ARCHITECTS ApS (CVR number: 26777593) is a company from VORDINGBORG. The company reported a net sales of 1.5 mDKK in 2023, demonstrating a growth of 58 % compared to the previous year. The operating profit percentage was at 9.6 % (EBIT: 0.1 mDKK), while net earnings were 114.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.5 %, which can be considered excellent and Return on Equity (ROE) was 58.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. METTE LANGE ARCHITECTS ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 461.00 | 1 618.00 | 1 226.00 | 974.00 | 1 538.78 |
Gross profit | 775.00 | 1 038.00 | 460.00 | 248.00 | 965.41 |
EBIT | 29.00 | 289.00 | 8.00 | 5.00 | 148.45 |
Net earnings | 17.00 | 222.00 | 2.00 | 3.00 | 114.50 |
Shareholders equity total | 220.00 | 352.00 | 135.00 | 138.00 | 252.67 |
Balance sheet total (assets) | 1 225.00 | 1 261.00 | 819.00 | 478.00 | 1 219.12 |
Net debt | -1 094.00 | - 568.00 | - 594.00 | - 261.00 | -1 159.10 |
Profitability | |||||
EBIT-% | 2.0 % | 17.9 % | 0.7 % | 0.5 % | 9.6 % |
ROA | 2.7 % | 23.3 % | 0.8 % | 0.8 % | 17.5 % |
ROE | 8.0 % | 77.6 % | 0.8 % | 2.2 % | 58.6 % |
ROI | 13.7 % | 101.0 % | 3.3 % | 3.1 % | 61.1 % |
Economic value added (EVA) | 51.94 | 269.03 | 18.85 | 28.06 | 123.96 |
Solvency | |||||
Equity ratio | 18.0 % | 27.9 % | 16.5 % | 28.9 % | 20.7 % |
Gearing | 32.6 % | 19.8 % | |||
Relative net indebtedness % | -6.1 % | 21.1 % | 7.3 % | 3.5 % | -15.8 % |
Liquidity | |||||
Quick ratio | 1.2 | 1.4 | 1.1 | 1.4 | 1.3 |
Current ratio | 1.2 | 1.4 | 1.1 | 1.4 | 1.3 |
Cash and cash equivalents | 1 094.00 | 568.00 | 594.00 | 306.00 | 1 209.05 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 77.6 | 47.0 | 64.5 | 2.4 | |
Net working capital % | 11.9 % | 23.1 % | 8.3 % | 14.3 % | 18.5 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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