LANGELAND FORSYNING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LANGELAND FORSYNING A/S
LANGELAND FORSYNING A/S (CVR number: 32565093) is a company from LANGELAND. The company reported a net sales of 37.9 mDKK in 2024, demonstrating a growth of 5.8 % compared to the previous year. The operating profit percentage was poor at -1.7 % (EBIT: -0.7 mDKK), while net earnings were 4947 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak and Return on Equity (ROE) was 1.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 86.3 %, 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 0.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | 2024 | |
|---|---|---|---|
| Volume | |||
| Net sales | 35 779.00 | 37 872.00 | |
| Gross profit | 14 752.00 | 16 135.00 | |
| EBIT | - 999.00 | - 650.00 | |
| Net earnings | 3 987.00 | 4 947.00 | |
| Shareholders equity total | 353 259.00 | 358 206.00 | |
| Balance sheet total (assets) | 387 621.00 | 414 877.00 | |
| Net debt | 21 839.00 | 17 200.00 | |
| Profitability | |||
| EBIT-% | -2.8 % | -1.7 % | |
| ROA | 0.9 % | 1.4 % | |
| ROE | 1.1 % | 1.4 % | |
| ROI | 0.9 % | 1.4 % | |
| Economic value added (EVA) | - 709.29 | -19 888.36 | |
| Solvency | |||
| Equity ratio | 91.1 % | 86.3 % | |
| Gearing | 8.4 % | 14.6 % | |
| Relative net indebtedness % | 74.4 % | 57.1 % | |
| Liquidity | |||
| Quick ratio | 0.5 | 0.7 | |
| Current ratio | 0.5 | 0.7 | |
| Cash and cash equivalents | 7 755.00 | 35 053.00 | |
| Capital use efficiency | |||
| Trade debtors turnover (days) | 9.4 | 20.2 | |
| Net working capital % | -38.7 % | -34.5 % | |
| Credit risk | |||
| Credit rating | BB | AAA | AAA |
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