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LANGELAND TOURISTIK ApS

CVR number: 31937302
Værftsvej 47, 5935 Bagenkop

Credit rating

Company information

Official name
LANGELAND TOURISTIK ApS
Established
2009
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About the company

LANGELAND TOURISTIK ApS (CVR number: 31937302) is a company from LANGELAND. The company recorded a gross profit of 8.1 kDKK in 2022. The operating profit was 3 kDKK, while net earnings were 1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak and Return on Equity (ROE) was 0.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 56.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. LANGELAND TOURISTIK ApS's liquidity measured by quick ratio was 0.3 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
20182019202020212022
Volume
Net sales
Gross profit56.5483.5074.21-38.938.13
EBIT59.9749.3423.63-61.623.01
Net earnings54.4337.8520.34-49.951.03
Shareholders equity total181.54219.39239.73189.78190.81
Balance sheet total (assets)591.35604.10501.28342.98336.78
Net debt-15.37-70.78-59.7217.3034.24
Profitability
EBIT-%
ROA10.7 %8.5 %4.3 %-14.6 %0.9 %
ROE35.3 %18.9 %8.9 %-23.3 %0.5 %
ROI33.9 %21.9 %8.0 %-21.0 %1.1 %
Economic value added (EVA)50.1628.4013.84-55.75-5.12
Solvency
Equity ratio30.7 %36.3 %47.8 %55.3 %56.7 %
Gearing24.9 %23.9 %32.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.40.70.30.3
Current ratio0.40.61.11.01.1
Cash and cash equivalents15.3770.78119.4428.0127.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:0.89%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Equity ratio:56.7%
Rating: 44/100
-1%
21%
50%
81%
99%
100%

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