LANGELAND FORSYNING A/S — Credit Rating and Financial Key Figures

LANGELAND FORSYNING A/S (CVR number: 32565093K) is a company from LANGELAND. The company reported a net sales of 72.3 mDKK in 2023, demonstrating a decline of -1.4 % compared to the previous year. The operating profit percentage was at 6.4 % (EBIT: 4.6 mDKK), while net earnings were 3987 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak and Return on Equity (ROE) was 1.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 68 %, 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 FORSYNING A/S's liquidity measured by quick ratio was 11.5 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.