FONDEN LANGELANDS ELFORSYNING — Credit Rating and Financial Key Figures

FONDEN LANGELANDS ELFORSYNING (CVR number: 80000316) is a company from LANGELAND. The company reported a net sales of 15 mDKK in 2023, demonstrating a growth of 8.3 % compared to the previous year. The operating profit percentage was poor at -36.3 % (EBIT: -5.4 mDKK), while net earnings were 21.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent and Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 97.3 %, 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 23.8 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.