Lange Gruppen ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Lange Gruppen ApS
Lange Gruppen ApS (CVR number: 38673645) is a company from KØBENHAVN. The company reported a net sales of 0.8 mDKK in 2023, demonstrating a decline of -52.8 % compared to the previous year. The operating profit percentage was at 1 % (EBIT: 0 mDKK), while net earnings were 2.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 51.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Lange Gruppen ApS's liquidity measured by quick ratio was 2.1 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 586.13 | 1 656.74 | 1 351.53 | 1 593.36 | 752.19 |
Gross profit | 1 586.13 | 1 656.74 | 1 194.95 | 1 349.08 | 563.61 |
EBIT | -76.41 | 128.84 | - 380.66 | 350.50 | 7.30 |
Net earnings | -63.49 | 99.55 | - 384.60 | 347.55 | 2.68 |
Shareholders equity total | 475.20 | 723.09 | 221.06 | 537.71 | 425.99 |
Balance sheet total (assets) | 1 003.68 | 1 500.81 | 601.94 | 921.03 | 826.57 |
Net debt | - 208.32 | -1 020.69 | -62.94 | - 369.00 | - 405.59 |
Profitability | |||||
EBIT-% | -4.8 % | 7.8 % | -28.2 % | 22.0 % | 1.0 % |
ROA | -6.8 % | 10.3 % | -36.2 % | 46.0 % | 0.8 % |
ROE | -11.3 % | 16.6 % | -81.5 % | 91.6 % | 0.6 % |
ROI | -10.4 % | 17.8 % | -72.7 % | 78.6 % | 1.2 % |
Economic value added (EVA) | -42.03 | 119.18 | - 363.10 | 345.13 | 2.95 |
Solvency | |||||
Equity ratio | 47.3 % | 48.2 % | 36.7 % | 58.4 % | 51.5 % |
Gearing | 42.3 % | 7.2 % | 23.2 % | 15.3 % | 40.1 % |
Relative net indebtedness % | 7.5 % | -17.8 % | 19.7 % | -4.3 % | -23.4 % |
Liquidity | |||||
Quick ratio | 1.9 | 1.9 | 1.6 | 2.4 | 2.1 |
Current ratio | 1.9 | 1.9 | 1.6 | 2.4 | 2.1 |
Cash and cash equivalents | 409.48 | 1 072.62 | 114.13 | 451.10 | 576.57 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 40.6 | 13.1 | 32.2 | 46.1 | |
Net working capital % | 28.4 % | 43.6 % | 16.4 % | 33.7 % | 56.6 % |
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BBB |
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