TM LANGELAND HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TM LANGELAND HOLDING A/S
TM LANGELAND HOLDING A/S (CVR number: 30729986) is a company from LANGELAND. The company recorded a gross profit of -209.9 kDKK in 2023. The operating profit was -254.6 kDKK, while net earnings were 1398.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.7 %, which can be considered good and Return on Equity (ROE) was 11.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TM LANGELAND HOLDING A/S's liquidity measured by quick ratio was 137 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -48.12 | -13.64 | -16.97 | -3.00 | - 209.91 |
EBIT | -88.24 | -53.96 | -57.29 | -43.32 | - 254.61 |
Net earnings | 1 123.50 | 1 968.74 | 1 553.72 | 1 613.10 | 1 398.29 |
Shareholders equity total | 6 220.97 | 8 090.06 | 9 539.18 | 11 077.85 | 12 375.44 |
Balance sheet total (assets) | 8 616.52 | 9 603.36 | 10 194.47 | 11 098.40 | 12 395.64 |
Net debt | 2 358.70 | 1 443.79 | 471.11 | - 232.68 | - 566.05 |
Profitability | |||||
EBIT-% | |||||
ROA | 14.9 % | 22.1 % | 15.8 % | 15.4 % | 11.7 % |
ROE | 19.7 % | 27.5 % | 17.6 % | 15.6 % | 11.9 % |
ROI | 15.0 % | 22.2 % | 15.9 % | 15.4 % | 11.8 % |
Economic value added (EVA) | - 133.50 | -16.16 | 7.79 | -35.28 | - 240.15 |
Solvency | |||||
Equity ratio | 72.2 % | 84.2 % | 93.6 % | 99.8 % | 99.8 % |
Gearing | 38.0 % | 18.5 % | 6.7 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.2 | 17.0 | 87.3 | 137.0 |
Current ratio | 0.2 | 0.2 | 17.0 | 87.3 | 137.0 |
Cash and cash equivalents | 7.30 | 50.81 | 165.28 | 232.68 | 566.05 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
Variable visualization
Roles
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.