Langes Transport ApS — Credit Rating and Financial Key Figures

Langes Transport ApS (CVR number: 41114088) is a company from HOLSTEBRO. The company recorded a gross profit of 1756.5 kDKK in 2023. The operating profit was 118.5 kDKK, while net earnings were 101.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12 %, which can be considered good but Return on Equity (ROE) was 26.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 15.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Langes Transport ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.