Langkilde A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Langkilde A/S
Langkilde A/S (CVR number: 37006807) is a company from SLAGELSE. The company recorded a gross profit of -38.6 kDKK in 2023. The operating profit was -38.6 kDKK, while net earnings were 55 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent but Return on Equity (ROE) was 8.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 65.9 %, 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. Langkilde A/S's liquidity measured by quick ratio was 2.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -67.18 | -33.73 | -58.66 | -54.98 | -38.58 |
| EBIT | - 113.26 | -33.73 | -58.66 | -54.98 | -38.58 |
| Net earnings | 54.25 | -12.05 | -25.89 | -65.82 | 55.04 |
| Shareholders equity total | 1 068.75 | 946.10 | 807.22 | 626.99 | 607.04 |
| Balance sheet total (assets) | 1 521.11 | 1 079.22 | 978.15 | 872.27 | 921.09 |
| Net debt | -1 044.56 | -1 065.53 | - 954.72 | - 838.62 | - 905.26 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 3.5 % | -0.4 % | 0.7 % | 3.9 % | 6.5 % |
| ROE | 5.0 % | -1.2 % | -3.0 % | -9.2 % | 8.9 % |
| ROI | 5.1 % | -0.5 % | 0.9 % | 5.0 % | 9.4 % |
| Economic value added (EVA) | - 169.67 | -87.43 | - 106.25 | -95.60 | -68.38 |
| Solvency | |||||
| Equity ratio | 70.3 % | 87.7 % | 82.5 % | 71.9 % | 65.9 % |
| Gearing | 0.1 % | 0.1 % | 0.2 % | 0.2 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.6 | 8.1 | 5.7 | 3.6 | 2.9 |
| Current ratio | 2.6 | 8.1 | 5.7 | 3.6 | 2.9 |
| Cash and cash equivalents | 1 044.56 | 1 066.60 | 955.88 | 839.59 | 906.21 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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