LANGGAARD ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LANGGAARD ApS
LANGGAARD ApS (CVR number: 34605831) is a company from GENTOFTE. The company recorded a gross profit of 9.3 kDKK in 2023. The operating profit was -243.7 kDKK, while net earnings were -453.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.7 %, which can be considered poor and Return on Equity (ROE) was -22.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.1 %, 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. LANGGAARD ApS'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 | 117.84 | - 130.11 | -40.86 | 30.97 | 9.31 |
EBIT | - 152.32 | -20.06 | 672.19 | - 863.98 | - 243.69 |
Net earnings | -29.97 | 268.91 | 831.29 | -1 124.04 | - 453.13 |
Shareholders equity total | 2 666.34 | 2 824.65 | 3 542.95 | 2 304.51 | 1 733.58 |
Balance sheet total (assets) | 9 430.94 | 9 816.90 | 9 560.85 | 9 076.43 | 8 621.60 |
Net debt | 5 127.93 | 5 244.66 | 4 914.62 | 4 726.81 | 4 338.87 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.3 % | 3.2 % | 10.7 % | -13.2 % | -2.7 % |
ROE | -1.1 % | 9.8 % | 26.1 % | -38.4 % | -22.4 % |
ROI | -1.3 % | 3.2 % | 11.2 % | -15.2 % | -3.5 % |
Economic value added (EVA) | - 345.81 | - 297.77 | 263.99 | -1 015.76 | - 496.58 |
Solvency | |||||
Equity ratio | 28.3 % | 28.8 % | 37.1 % | 25.4 % | 20.1 % |
Gearing | 199.6 % | 205.1 % | 141.8 % | 205.7 % | 270.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.4 | 0.2 | 0.6 | 0.7 |
Current ratio | 0.9 | 0.7 | 0.6 | 1.3 | 1.4 |
Cash and cash equivalents | 193.10 | 548.58 | 109.88 | 13.04 | 347.05 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | BBB | BBB |
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