LANGELAND INVEST ApS — Credit Rating and Financial Key Figures

CVR number: 13192804
Søndergade 28 B, Lohals 5953 Tranekær

Company information

Official name
LANGELAND INVEST ApS
Established
1989
Domicile
Lohals
Company form
Private limited company
Industry

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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