Holdingselskabet Langeland ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Holdingselskabet Langeland ApS
Holdingselskabet Langeland ApS (CVR number: 37417734) is a company from LANGELAND. The company reported a net sales of 0.9 mDKK in 2023, demonstrating a decline of -5.3 % compared to the previous year. The operating profit percentage was at 16.7 % (EBIT: 0.2 mDKK), while net earnings were 79 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.7 %, which can be considered good but Return on Equity (ROE) was 16.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43.2 %, 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. Holdingselskabet Langeland 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 120.00 | 1 594.73 | 1 235.50 | 969.99 | 918.57 |
Gross profit | -5.52 | 907.84 | 592.84 | 307.19 | 320.35 |
EBIT | -49.44 | 371.38 | 328.33 | 55.46 | 153.66 |
Net earnings | -73.67 | 208.68 | 207.38 | 19.60 | 78.96 |
Shareholders equity total | 6.00 | 214.68 | 422.05 | 441.65 | 520.62 |
Balance sheet total (assets) | 1 292.97 | 1 540.48 | 1 665.11 | 1 447.35 | 1 206.45 |
Net debt | 1 132.87 | 1 101.12 | 584.21 | 533.07 | 442.73 |
Profitability | |||||
EBIT-% | -41.2 % | 23.3 % | 26.6 % | 5.7 % | 16.7 % |
ROA | -3.8 % | 26.2 % | 20.5 % | 3.6 % | 11.7 % |
ROE | -172.0 % | 189.1 % | 65.1 % | 4.5 % | 16.4 % |
ROI | -4.2 % | 28.9 % | 22.5 % | 4.0 % | 13.4 % |
Economic value added (EVA) | - 104.47 | 280.36 | 223.67 | 20.72 | 89.10 |
Solvency | |||||
Equity ratio | 0.5 % | 13.9 % | 25.3 % | 30.5 % | 43.2 % |
Gearing | 18890.6 % | 564.9 % | 252.5 % | 190.4 % | 99.5 % |
Relative net indebtedness % | 1072.5 % | 76.1 % | 61.6 % | 72.0 % | 66.5 % |
Liquidity | |||||
Quick ratio | 0.1 | 1.7 | 2.1 | 1.7 | 0.7 |
Current ratio | 0.1 | 1.7 | 2.1 | 1.7 | 0.7 |
Cash and cash equivalents | 111.62 | 481.63 | 307.79 | 75.28 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 34.0 | 14.1 | |||
Net working capital % | -133.6 % | 8.4 % | 20.5 % | 13.7 % | -5.7 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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