LANGELAND HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LANGELAND HOLDING ApS
LANGELAND HOLDING ApS (CVR number: 28097735) is a company from GENTOFTE. The company recorded a gross profit of -1020 kDKK in 2023. The operating profit was -2302.6 kDKK, while net earnings were 3321.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent and Return on Equity (ROE) was 4.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 79.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. LANGELAND HOLDING ApS's liquidity measured by quick ratio was 5.9 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 | -3 800.00 | - 595.54 | - 939.17 | -1 185.87 | -1 020.01 |
EBIT | -4 515.00 | -1 346.32 | -1 800.31 | -4 552.32 | -2 302.60 |
Net earnings | -25 193.00 | -48 538.14 | 10 868.34 | -20 429.29 | 3 321.34 |
Shareholders equity total | 141 310.00 | 89 771.84 | 98 041.44 | 75 612.16 | 78 933.49 |
Balance sheet total (assets) | 152 285.00 | 90 426.87 | 117 997.74 | 100 398.33 | 99 166.62 |
Net debt | -63 722.00 | -87 336.74 | -85 752.35 | -59 625.43 | -63 824.97 |
Profitability | |||||
EBIT-% | |||||
ROA | -14.3 % | -38.9 % | 14.2 % | 0.6 % | 7.3 % |
ROE | -16.2 % | -42.0 % | 11.6 % | -23.5 % | 4.3 % |
ROI | -14.4 % | -39.1 % | 14.5 % | 0.6 % | 4.8 % |
Economic value added (EVA) | -12 270.65 | -8 668.85 | -5 890.49 | -10 292.00 | -7 299.77 |
Solvency | |||||
Equity ratio | 92.8 % | 99.3 % | 83.1 % | 75.3 % | 79.6 % |
Gearing | 7.4 % | 0.0 % | 16.0 % | 31.5 % | 24.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 84.5 | 133.4 | 7.7 | 4.6 | 5.9 |
Current ratio | 84.5 | 133.4 | 7.7 | 4.6 | 5.9 |
Cash and cash equivalents | 74 134.00 | 87 351.18 | 101 396.49 | 83 459.54 | 82 926.93 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | A |
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