Langelinje 60 ApS — Credit Rating and Financial Key Figures

CVR number: 38877194
Tåningvej 7, Tåning 8660 Skanderborg
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Credit rating

Company information

Official name
Langelinje 60 ApS
Established
2017
Domicile
Tåning
Company form
Private limited company
Industry

About Langelinje 60 ApS

Langelinje 60 ApS (CVR number: 38877194) is a company from SKANDERBORG. The company reported a net sales of 0.2 mDKK in 2024, demonstrating a growth of 52.2 % compared to the previous year. The operating profit percentage was at 30.8 % (EBIT: 0.1 mDKK), while net earnings were 0.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent but Return on Equity (ROE) was 0 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -1.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Langelinje 60 ApS's liquidity measured by quick ratio was 0.1 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales286.63556.76190.46144.56219.96
Gross profit91.55302.262.8813.89134.70
EBIT20.55231.26-66.45-53.1167.70
Net earnings20.55231.26-98.84-99.480.35
Shareholders equity total-54.74176.5277.69-21.80-21.45
Balance sheet total (assets)1 587.441 508.351 322.391 233.681 184.28
Net debt759.33718.39805.15799.99755.00
Profitability
EBIT-%7.2 %41.5 %-34.9 %-36.7 %30.8 %
ROA1.2 %14.7 %-4.7 %-4.1 %5.5 %
ROE1.3 %26.2 %-77.8 %-15.2 %0.0 %
ROI2.3 %23.9 %-6.8 %-6.2 %8.6 %
Economic value added (EVA)-22.32189.03- 118.64-98.8328.32
Solvency
Equity ratio-3.3 %11.7 %5.9 %-1.7 %-1.8 %
Gearing-1635.6 %488.4 %1071.3 %-3694.4 %-3626.4 %
Relative net indebtedness %525.5 %213.4 %639.3 %864.8 %537.7 %
Liquidity
Quick ratio0.20.30.10.00.1
Current ratio0.20.30.10.00.1
Cash and cash equivalents135.94143.6827.065.3522.95
Capital use efficiency
Trade debtors turnover (days)20.2
Net working capital %-207.6 %-58.6 %-202.4 %-307.7 %-184.1 %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:5.50%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-1.78%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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