Ejendommen Langager ApS — Credit Rating and Financial Key Figures

CVR number: 40609571
Ørager 26, 2650 Hvidovre

Company information

Official name
Ejendommen Langager ApS
Established
2019
Company form
Private limited company
Industry

About Ejendommen Langager ApS

Ejendommen Langager ApS (CVR number: 40609571) is a company from HVIDOVRE. The company recorded a gross profit of 96.4 kDKK in 2023. The operating profit was 46.6 kDKK, while net earnings were -161.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak but Return on Equity (ROE) was -8.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 17.3 %, 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. Ejendommen Langager ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit100.5590.91110.3352.7796.42
EBIT83.4550.2569.675.5946.55
Net earnings-18.29- 155.59- 141.72- 186.91- 161.43
Shareholders equity total21.71878.68804.631 957.821 738.82
Balance sheet total (assets)7 155.198 503.168 447.629 683.9010 041.15
Net debt5 375.935 320.875 368.467 176.527 816.99
Profitability
EBIT-%
ROA1.2 %0.6 %0.8 %0.1 %0.5 %
ROE-84.2 %-34.6 %-16.8 %-13.5 %-8.7 %
ROI1.5 %0.8 %1.0 %0.1 %0.5 %
Economic value added (EVA)89.11- 229.82- 253.75- 300.85- 330.73
Solvency
Equity ratio0.3 %10.4 %9.5 %20.3 %17.3 %
Gearing25321.4 %629.1 %691.5 %372.9 %452.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.10.1
Current ratio0.10.10.10.10.1
Cash and cash equivalents122.10206.91195.87124.1750.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:0.47%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.3%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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