LANGELAND ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LANGELAND ApS
LANGELAND ApS (CVR number: 14383042) is a company from REBILD. The company reported a net sales of 0.4 mDKK in 2023, demonstrating a growth of 17.5 % compared to the previous year. The operating profit percentage was at 1.1 % (EBIT: 0 mDKK), while net earnings were 11.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent and Return on Equity (ROE) was 5.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 75.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. LANGELAND ApS's liquidity measured by quick ratio was 1.5 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 | 465.55 | 324.00 | 343.85 | 310.94 | 365.51 |
Gross profit | 324.92 | 171.56 | 190.36 | 160.69 | 209.00 |
EBIT | 99.26 | -54.78 | -15.32 | 1.71 | 3.88 |
Net earnings | 85.66 | -42.81 | -13.45 | -0.08 | 11.63 |
Shareholders equity total | 267.27 | 224.47 | 211.02 | 210.94 | 222.57 |
Balance sheet total (assets) | 341.75 | 288.55 | 259.33 | 266.79 | 293.11 |
Net debt | -18.23 | -43.20 | -51.96 | -54.55 | -62.73 |
Profitability | |||||
EBIT-% | 21.3 % | -16.9 % | -4.5 % | 0.5 % | 1.1 % |
ROA | 28.3 % | -15.5 % | -4.6 % | 1.6 % | 5.9 % |
ROE | 31.2 % | -17.4 % | -6.2 % | -0.0 % | 5.4 % |
ROI | 39.9 % | -19.2 % | -5.7 % | 1.9 % | 7.5 % |
Economic value added (EVA) | 73.64 | -60.19 | -22.10 | -6.28 | -5.12 |
Solvency | |||||
Equity ratio | 78.2 % | 77.8 % | 81.4 % | 79.1 % | 75.9 % |
Gearing | |||||
Relative net indebtedness % | 9.4 % | 4.6 % | -2.1 % | -0.8 % | 2.1 % |
Liquidity | |||||
Quick ratio | 1.1 | 0.8 | 1.5 | 1.9 | 1.5 |
Current ratio | 1.1 | 0.8 | 1.5 | 1.9 | 1.5 |
Cash and cash equivalents | 18.23 | 43.20 | 51.96 | 54.55 | 62.73 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 34.6 | 34.5 | 38.3 | ||
Net working capital % | 1.8 % | -4.1 % | 6.5 % | 15.2 % | 9.7 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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