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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 2024, demonstrating a decline of -6.9 % compared to the previous year. The operating profit percentage was at 16.1 % (EBIT: 0.1 mDKK), while net earnings were 97.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good but Return on Equity (ROE) was 16.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.9 %, 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 1 594.73 | 1 235.50 | 969.99 | 918.57 | 855.29 |
| Gross profit | 907.84 | 592.84 | 307.19 | 320.35 | 349.78 |
| EBIT | 371.38 | 328.33 | 55.46 | 153.66 | 137.91 |
| Net earnings | 208.68 | 207.38 | 19.60 | 78.96 | 97.93 |
| Shareholders equity total | 214.68 | 422.05 | 441.65 | 520.62 | 664.60 |
| Balance sheet total (assets) | 1 540.48 | 1 665.11 | 1 447.35 | 1 206.45 | 1 211.33 |
| Net debt | 1 101.12 | 584.21 | 533.07 | 442.73 | 171.72 |
| Profitability | |||||
| EBIT-% | 23.3 % | 26.6 % | 5.7 % | 16.7 % | 16.1 % |
| ROA | 26.2 % | 20.5 % | 3.6 % | 11.7 % | 11.4 % |
| ROE | 189.1 % | 65.1 % | 4.5 % | 16.4 % | 16.5 % |
| ROI | 28.9 % | 22.5 % | 4.0 % | 13.4 % | 13.6 % |
| Economic value added (EVA) | 248.55 | 184.35 | -31.61 | 54.49 | 51.86 |
| Solvency | |||||
| Equity ratio | 13.9 % | 25.3 % | 30.5 % | 43.2 % | 54.9 % |
| Gearing | 564.9 % | 252.5 % | 190.4 % | 99.5 % | 48.3 % |
| Relative net indebtedness % | 76.1 % | 61.6 % | 72.0 % | 66.5 % | 46.5 % |
| Liquidity | |||||
| Quick ratio | 1.7 | 2.1 | 1.7 | 0.7 | 0.7 |
| Current ratio | 1.7 | 2.1 | 1.7 | 0.7 | 0.7 |
| Cash and cash equivalents | 111.62 | 481.63 | 307.79 | 75.28 | 149.38 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 34.0 | 14.1 | 5.5 | ||
| Net working capital % | 8.4 % | 20.5 % | 13.7 % | -5.7 % | -8.3 % |
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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