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 0.3 mDKK in 2024, demonstrating a decline of -27.1 % compared to the previous year. The operating profit percentage was poor at -51.9 % (EBIT: -0.1 mDKK), while net earnings were -102.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -56.8 %, which can be considered poor and Return on Equity (ROE) was -59.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.7 %, 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 2.5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 324.00 | 343.85 | 310.94 | 365.51 | 266.57 |
| Gross profit | 171.56 | 190.36 | 160.69 | 209.00 | 73.03 |
| EBIT | -54.78 | -15.32 | 1.71 | 3.88 | - 138.23 |
| Net earnings | -42.81 | -13.45 | -0.08 | 11.63 | - 102.65 |
| Shareholders equity total | 224.47 | 211.02 | 210.94 | 222.57 | 119.92 |
| Balance sheet total (assets) | 288.55 | 259.33 | 266.79 | 293.11 | 154.43 |
| Net debt | -43.20 | -51.96 | -54.55 | -62.73 | -16.56 |
| Profitability | |||||
| EBIT-% | -16.9 % | -4.5 % | 0.5 % | 1.1 % | -51.9 % |
| ROA | -15.5 % | -4.6 % | 1.6 % | 5.9 % | -56.8 % |
| ROE | -17.4 % | -6.2 % | -0.0 % | 5.4 % | -59.9 % |
| ROI | -19.2 % | -5.7 % | 1.9 % | 7.5 % | -74.2 % |
| Economic value added (EVA) | -61.73 | -24.57 | -9.07 | -8.05 | - 118.99 |
| Solvency | |||||
| Equity ratio | 77.8 % | 81.4 % | 79.1 % | 75.9 % | 77.7 % |
| Gearing | |||||
| Relative net indebtedness % | 4.6 % | -2.1 % | -0.8 % | 2.1 % | 6.7 % |
| Liquidity | |||||
| Quick ratio | 0.8 | 1.5 | 1.9 | 1.5 | 2.5 |
| Current ratio | 0.8 | 1.5 | 1.9 | 1.5 | 2.5 |
| Cash and cash equivalents | 43.20 | 51.96 | 54.55 | 62.73 | 16.56 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 34.5 | 38.3 | 28.4 | ||
| Net working capital % | -4.1 % | 6.5 % | 15.2 % | 9.7 % | 18.9 % |
| Credit risk | |||||
| Credit rating | BB | BB | BBB | BBB | BB |
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