LANGHANS & OTTES AUTO ApS — Credit Rating and Financial Key Figures

CVR number: 33039441
Brudelysvej 14, 2880 Bagsværd

Credit rating

Company information

Official name
LANGHANS & OTTES AUTO ApS
Personnel
4 persons
Established
2010
Company form
Private limited company
Industry

About LANGHANS & OTTES AUTO ApS

LANGHANS & OTTES AUTO ApS (CVR number: 33039441) is a company from GLADSAXE. The company recorded a gross profit of 1172.5 kDKK in 2023. The operating profit was 117.9 kDKK, while net earnings were 57.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good but Return on Equity (ROE) was 6.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 65.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. LANGHANS & OTTES AUTO ApS's liquidity measured by quick ratio was 0.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 213.77942.391 098.591 214.931 172.53
EBIT117.72- 137.7713.1191.69117.93
Net earnings84.97- 114.062.9967.5857.71
Shareholders equity total860.77746.71749.70817.27874.98
Balance sheet total (assets)1 615.791 549.541 434.011 377.381 332.40
Net debt326.27302.67236.2597.4323.05
Profitability
EBIT-%
ROA7.2 %-8.7 %0.9 %6.5 %8.7 %
ROE10.4 %-14.2 %0.4 %8.6 %6.8 %
ROI9.5 %-12.0 %1.3 %9.2 %12.0 %
Economic value added (EVA)68.20- 130.50-3.6560.2773.10
Solvency
Equity ratio53.3 %48.2 %52.3 %59.3 %65.7 %
Gearing43.0 %43.6 %34.6 %20.8 %11.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.40.30.50.6
Current ratio0.40.40.40.50.7
Cash and cash equivalents44.1923.1723.4972.8481.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:8.70%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.7%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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