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

LANGELAND FORSYNING A/S (CVR number: 32565093) is a company from LANGELAND. The company reported a net sales of 35.8 mDKK in 2023, demonstrating a decline of -5.4 % compared to the previous year. The operating profit percentage was poor at -2.8 % (EBIT: -1 mDKK), while net earnings were 3987 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, 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 91.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LANGELAND FORSYNING A/S's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.