TM LANGELAND HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 30729986
Klavsebøllevej 2, 5953 Tranekær

Company information

Official name
TM LANGELAND HOLDING A/S
Established
2007
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings1 123.501 968.741 553.721 613.101 398.29
Shareholders equity total6 220.978 090.069 539.1811 077.8512 375.44
Balance sheet total (assets)8 616.529 603.3610 194.4711 098.4012 395.64
Net debt2 358.701 443.79471.11- 232.68- 566.05
Profitability
EBIT-%
ROA14.9 %22.1 %15.8 %15.4 %11.7 %
ROE19.7 %27.5 %17.6 %15.6 %11.9 %
ROI15.0 %22.2 %15.9 %15.4 %11.8 %
Economic value added (EVA)- 133.50-16.167.79-35.28- 240.15
Solvency
Equity ratio72.2 %84.2 %93.6 %99.8 %99.8 %
Gearing38.0 %18.5 %6.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.217.087.3137.0
Current ratio0.20.217.087.3137.0
Cash and cash equivalents7.3050.81165.28232.68566.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:11.7%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 97/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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