LANGØ A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LANGØ A/S
LANGØ A/S (CVR number: 27477216) is a company from VORDINGBORG. The company recorded a gross profit of -1169.7 kDKK in 2023. The operating profit was -2949.6 kDKK, while net earnings were -2330.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.5 %, which can be considered poor and Return on Equity (ROE) was -6.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 89.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LANGØ A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 630.93 | - 870.94 | - 605.29 | - 496.76 | -1 169.69 |
EBIT | -2 182.03 | -2 485.60 | -2 291.70 | -2 185.79 | -2 949.57 |
Net earnings | -1 774.67 | -1 972.65 | -1 819.38 | -1 719.12 | -2 330.62 |
Shareholders equity total | 33 387.28 | 36 414.64 | 34 595.26 | 37 876.14 | 35 545.52 |
Balance sheet total (assets) | 39 039.76 | 38 181.91 | 38 026.83 | 38 683.20 | 39 537.09 |
Net debt | 4 922.88 | 1 194.41 | 2 717.09 | 403.15 | 3 288.49 |
Profitability | |||||
EBIT-% | |||||
ROA | -5.6 % | -6.4 % | -6.0 % | -5.7 % | -7.5 % |
ROE | -5.2 % | -5.7 % | -5.1 % | -4.7 % | -6.3 % |
ROI | -5.7 % | -6.5 % | -6.1 % | -5.7 % | -7.6 % |
Economic value added (EVA) | -3 454.26 | -3 599.66 | -3 608.88 | -3 427.90 | -4 194.91 |
Solvency | |||||
Equity ratio | 85.5 % | 95.4 % | 91.0 % | 97.9 % | 89.9 % |
Gearing | 15.7 % | 3.7 % | 8.7 % | 1.8 % | 9.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 1.1 | 0.6 | 2.5 | 0.7 |
Current ratio | 0.6 | 1.5 | 0.8 | 3.2 | 0.8 |
Cash and cash equivalents | 334.64 | 168.66 | 306.88 | 266.57 | 232.26 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | A | A |
Variable visualization
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