LANGELAND INVEST ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LANGELAND INVEST ApS
LANGELAND INVEST ApS (CVR number: 13192804) is a company from LANGELAND. The company recorded a gross profit of -9 kDKK in 2023. The operating profit was -9 kDKK, while net earnings were 3.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.5 %, which can be considered decent but Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 36.2 %, 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. LANGELAND INVEST ApS's liquidity measured by quick ratio was 1.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -9.71 | -8.00 | -7.51 | -7.50 | -8.96 |
EBIT | -9.71 | -8.00 | -7.51 | -7.50 | -8.96 |
Net earnings | 16.33 | 126.98 | -53.31 | -4.56 | 3.09 |
Shareholders equity total | -1 259.51 | -1 132.53 | -1 185.84 | -1 190.40 | 82.70 |
Balance sheet total (assets) | 151.97 | 281.95 | 236.14 | 233.08 | 228.68 |
Net debt | 1 252.75 | 1 125.29 | 1 171.12 | 1 175.72 | - 190.20 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.1 % | 9.1 % | 0.9 % | -0.3 % | 7.5 % |
ROE | 11.2 % | 58.5 % | -20.6 % | -1.9 % | 2.0 % |
ROI | 2.1 % | 9.2 % | 0.9 % | -0.3 % | 8.1 % |
Economic value added (EVA) | 61.39 | 62.91 | 63.55 | 63.94 | 62.55 |
Solvency | |||||
Equity ratio | -89.2 % | -80.1 % | -83.4 % | -83.6 % | 36.2 % |
Gearing | -111.5 % | -124.2 % | -118.6 % | -118.3 % | 46.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.2 | 0.2 | 0.2 | 1.6 |
Current ratio | 0.1 | 0.2 | 0.2 | 0.2 | 1.6 |
Cash and cash equivalents | 151.73 | 281.69 | 235.86 | 232.75 | 228.68 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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