FONDEN LANGELANDS ELFORSYNING — Credit Rating and Financial Key Figures

FONDEN LANGELANDS ELFORSYNING (CVR number: 80000316K) is a company from LANGELAND. The company reported a net sales of 95.7 mDKK in 2023, demonstrating a decline of -25.9 % compared to the previous year. The operating profit percentage was at 7.4 % (EBIT: 7.1 mDKK), while net earnings were 22.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.2 %, which can be considered decent and Return on Equity (ROE) was 6.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 85.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FONDEN LANGELANDS ELFORSYNING's liquidity measured by quick ratio was 5.6 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.