LANGEGADES BAGERI ApS

CVR number: 34227861
Andekæret 193, 5300 Kerteminde

Credit rating

Company information

Official name
LANGEGADES BAGERI ApS
Personnel
21 persons
Established
2012
Company form
Private limited company
Industry
  • Expand more icon10Manufacture of food products

About the company

LANGEGADES BAGERI ApS (CVR number: 34227861) is a company from KERTEMINDE. The company recorded a gross profit of 2035.4 kDKK in 2023. The operating profit was 31.7 kDKK, while net earnings were 15.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak and Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 56.9 %, 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. LANGEGADES BAGERI ApS's liquidity measured by quick ratio was 1.2 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 789.562 119.782 079.362 152.202 035.41
EBIT12.70231.5355.53128.6731.67
Net earnings10.75179.2240.2598.1215.43
Shareholders equity total344.75523.97564.22662.34626.77
Balance sheet total (assets)834.451 147.161 195.931 149.251 101.83
Net debt- 192.58- 306.37- 451.88- 381.54- 435.57
Profitability
EBIT-%
ROA2.1 %23.4 %4.7 %11.0 %2.8 %
ROE3.2 %41.3 %7.4 %16.0 %2.4 %
ROI4.7 %49.7 %9.7 %20.2 %4.7 %
Economic value added (EVA)-5.49172.9732.4794.607.91
Solvency
Equity ratio41.3 %45.7 %47.2 %57.6 %56.9 %
Gearing0.7 %5.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.70.91.11.2
Current ratio0.80.81.11.41.6
Cash and cash equivalents192.58309.92451.88381.54472.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:2.82%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.9%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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