LangelandsStål.dk ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LangelandsStål.dk ApS
LangelandsStål.dk ApS (CVR number: 40862277) is a company from LANGELAND. The company recorded a gross profit of 49.8 kDKK in 2023. The operating profit was -158.7 kDKK, while net earnings were -89 kDKK. The profitability of the company measured by Return on Assets (ROA) was -26.8 %, which can be considered poor and Return on Equity (ROE) was -59.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. LangelandsStål.dk ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 931.75 | 896.09 | 756.87 | 49.84 |
EBIT | 213.33 | - 130.95 | 142.27 | - 158.66 |
Net earnings | 159.81 | - 110.07 | 104.40 | -89.01 |
Shareholders equity total | 199.81 | 89.74 | 194.14 | 105.14 |
Balance sheet total (assets) | 827.33 | 467.25 | 738.25 | 442.87 |
Net debt | 224.62 | 108.09 | 40.55 | 185.28 |
Profitability | ||||
EBIT-% | ||||
ROA | 25.8 % | -20.2 % | 23.6 % | -26.8 % |
ROE | 80.0 % | -76.0 % | 73.6 % | -59.5 % |
ROI | 36.6 % | -27.4 % | 31.8 % | -33.2 % |
Economic value added (EVA) | 166.23 | - 104.79 | 115.16 | - 108.02 |
Solvency | ||||
Equity ratio | 24.2 % | 19.2 % | 26.3 % | 23.7 % |
Gearing | 191.1 % | 316.1 % | 168.3 % | 310.8 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 1.0 | 0.7 | 0.9 | 0.7 |
Current ratio | 1.0 | 0.7 | 0.9 | 0.7 |
Cash and cash equivalents | 157.28 | 175.56 | 286.18 | 141.44 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BBB | BBB | BBB | BBB |
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