LONG RANGE2 A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LONG RANGE2 A/S
LONG RANGE2 A/S (CVR number: 25941608) is a company from GENTOFTE. The company recorded a gross profit of 0 kUSD in 2024. The operating profit was -3.6 kUSD, while net earnings were -3.6 kUSD. The profitability of the company measured by Return on Assets (ROA) was -4.6 %, which can be considered poor and Return on Equity (ROE) was -4.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LONG RANGE2 A/S's liquidity measured by quick ratio was 21.8 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 financialsGross profit (kUSD)
EBIT (kUSD)
Profitability
Solidity
Key figures (kUSD)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2.84 | 2.92 | |||
Gross profit | 2.84 | 2.92 | |||
EBIT | 2.84 | 2.92 | 2.48 | -3.61 | |
Net earnings | 2.21 | 2.28 | 3.16 | -3.61 | |
Shareholders equity total | 73.11 | 75.39 | 75.39 | 78.54 | 74.94 |
Balance sheet total (assets) | 76.28 | 78.54 | 78.54 | 78.54 | 78.54 |
Net debt | -74.94 | ||||
Profitability | |||||
EBIT-% | 100.0 % | 100.0 % | |||
ROA | 3.8 % | 3.8 % | 3.2 % | -4.6 % | |
ROE | 3.1 % | 3.1 % | 4.1 % | -4.7 % | |
ROI | 3.9 % | 3.9 % | 3.2 % | -4.6 % | |
Economic value added (EVA) | -0.73 | -0.75 | -3.79 | -1.31 | -7.55 |
Solvency | |||||
Equity ratio | 95.8 % | 96.0 % | 96.0 % | 100.0 % | 95.4 % |
Gearing | 4.8 % | ||||
Relative net indebtedness % | 111.8 % | 107.9 % | |||
Liquidity | |||||
Quick ratio | 30.8 | 31.7 | 24.9 | 21.8 | |
Current ratio | 30.8 | 31.7 | 24.9 | 21.8 | |
Cash and cash equivalents | 78.54 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 2602.2 % | 2601.3 % | |||
Credit risk | |||||
Credit rating | BB | BB | B | B | B |
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