H. W. LANGBALLE ApS — Credit Rating and Financial Key Figures

CVR number: 10647983
Farmervej 1, Malt 6600 Vejen
hwl@hwlangballe.dk
tel: 75362022

Credit rating

Company information

Official name
H. W. LANGBALLE ApS
Personnel
11 persons
Established
1987
Domicile
Malt
Company form
Private limited company
Industry
  • Expand more icon22Manufacture of rubber and plastic products

About H. W. LANGBALLE ApS

H. W. LANGBALLE ApS (CVR number: 10647983) is a company from VEJEN. The company recorded a gross profit of 5680.7 kDKK in 2023. The operating profit was 854 kDKK, while net earnings were 564.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.4 %, which can be considered good but Return on Equity (ROE) was 26.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.2 %, 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. H. W. LANGBALLE ApS's liquidity measured by quick ratio was 0.7 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 profit6 420.216 299.998 348.937 489.425 680.74
EBIT- 241.19495.851 532.141 617.89854.02
Net earnings- 421.82310.011 052.271 265.32564.28
Shareholders equity total437.91747.921 800.192 065.512 229.79
Balance sheet total (assets)11 579.7210 338.909 703.419 064.927 383.70
Net debt5 211.303 683.613 476.583 530.431 894.23
Profitability
EBIT-%
ROA-1.9 %4.6 %15.3 %17.2 %10.4 %
ROE-65.0 %52.3 %82.6 %65.5 %26.3 %
ROI-2.2 %5.9 %20.3 %22.5 %13.4 %
Economic value added (EVA)- 319.29504.241 236.911 365.19577.70
Solvency
Equity ratio3.8 %7.2 %18.6 %22.8 %30.2 %
Gearing1713.6 %722.2 %277.0 %193.9 %146.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.50.60.50.7
Current ratio0.80.70.90.91.0
Cash and cash equivalents2 292.601 718.051 509.64474.401 370.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:10.4%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.2%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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