LANGELAND INVEST ApS — Credit Rating and Financial Key Figures

CVR number: 13192804
Søndergade 28 B, Lohals 5953 Tranekær

Credit rating

Company information

Official name
LANGELAND INVEST ApS
Established
1989
Domicile
Lohals
Company form
Private limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings16.33126.98-53.31-4.563.09
Shareholders equity total-1 259.51-1 132.53-1 185.84-1 190.4082.70
Balance sheet total (assets)151.97281.95236.14233.08228.68
Net debt1 252.751 125.291 171.121 175.72- 190.20
Profitability
EBIT-%
ROA2.1 %9.1 %0.9 %-0.3 %7.5 %
ROE11.2 %58.5 %-20.6 %-1.9 %2.0 %
ROI2.1 %9.2 %0.9 %-0.3 %8.1 %
Economic value added (EVA)61.3962.9163.5563.9462.55
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 ratio0.10.20.20.21.6
Current ratio0.10.20.20.21.6
Cash and cash equivalents151.73281.69235.86232.75228.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:7.52%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.2%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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