AUTOCENTRUM LANGELAND A/S — Credit Rating and Financial Key Figures

CVR number: 10555280
Spodsbjergvej 149, 5900 Rudkøbing

Credit rating

Company information

Official name
AUTOCENTRUM LANGELAND A/S
Established
1987
Company form
Limited company
Industry

About AUTOCENTRUM LANGELAND A/S

AUTOCENTRUM LANGELAND A/S (CVR number: 10555280) is a company from LANGELAND. The company recorded a gross profit of -125.9 kDKK in 2023. The operating profit was -160.9 kDKK, while net earnings were -160.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.4 %, which can be considered poor and Return on Equity (ROE) was -23 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.6 %, 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. AUTOCENTRUM LANGELAND A/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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- 114.52- 148.88- 186.42- 321.17- 125.87
EBIT- 149.52- 183.88- 221.42- 356.17- 160.87
Net earnings- 203.85- 174.50- 159.28- 372.72- 160.66
Shareholders equity total1 471.001 296.491 152.01779.30618.63
Balance sheet total (assets)2 023.321 945.271 808.101 718.511 691.84
Net debt521.15628.77619.96871.46979.61
Profitability
EBIT-%
ROA-6.8 %-9.3 %-11.8 %-20.2 %-9.4 %
ROE-14.0 %-12.6 %-13.0 %-38.6 %-23.0 %
ROI-6.8 %-9.4 %-11.9 %-20.4 %-9.5 %
Economic value added (EVA)- 261.02- 246.73- 224.31- 413.25- 197.68
Solvency
Equity ratio72.7 %66.6 %63.7 %45.3 %36.6 %
Gearing35.4 %48.5 %55.2 %117.8 %170.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.10.1
Current ratio1.00.70.60.30.3
Cash and cash equivalents16.1346.7572.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-9.42%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.6%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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