LANGGAARD ApS — Credit Rating and Financial Key Figures

CVR number: 34605831
Tuborg Havnepark 7, 2900 Hellerup

Credit rating

Company information

Official name
LANGGAARD ApS
Established
2012
Company form
Private limited company
Industry

About LANGGAARD ApS

LANGGAARD ApS (CVR number: 34605831) is a company from GENTOFTE. The company recorded a gross profit of 37.4 kDKK in 2024. The operating profit was 244.4 kDKK, while net earnings were 21.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak and Return on Equity (ROE) was 1.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 19.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. LANGGAARD 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 130.11-40.8630.979.3137.36
EBIT-20.06672.19- 863.98- 243.69244.36
Net earnings268.91831.29-1 124.04- 453.1321.44
Shareholders equity total2 824.653 542.952 304.511 733.581 633.02
Balance sheet total (assets)9 816.909 560.859 076.438 621.608 327.65
Net debt5 244.664 914.624 726.815 889.666 167.95
Profitability
EBIT-%
ROA3.2 %10.7 %-13.2 %-2.7 %3.7 %
ROE9.8 %26.1 %-38.4 %-22.4 %1.3 %
ROI3.2 %11.2 %-15.2 %-3.1 %3.9 %
Economic value added (EVA)- 423.8585.61-1 116.79- 582.11- 156.15
Solvency
Equity ratio28.8 %37.1 %25.4 %20.1 %19.6 %
Gearing205.1 %141.8 %205.7 %359.8 %385.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.20.60.70.3
Current ratio0.70.61.31.40.9
Cash and cash equivalents548.58109.8813.04347.05130.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:3.75%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.6%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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