MOGENS KNUDSEN LANGESKOV A/S — Credit Rating and Financial Key Figures

CVR number: 18494795
Hvileholmsvej 13, 5550 Langeskov
tel: 65382713

Company information

Official name
MOGENS KNUDSEN LANGESKOV A/S
Personnel
45 persons
Established
1995
Company form
Limited company
Industry

About MOGENS KNUDSEN LANGESKOV A/S

MOGENS KNUDSEN LANGESKOV A/S (CVR number: 18494795) is a company from KERTEMINDE. The company recorded a gross profit of 28.5 mDKK in 2023. The operating profit was 4231.1 kDKK, while net earnings were 3261.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16 %, which can be considered excellent and Return on Equity (ROE) was 23.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.3 %, 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. MOGENS KNUDSEN LANGESKOV A/S's liquidity measured by quick ratio was 1.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit31 014.0833 175.6437 790.4436 429.2228 482.53
EBIT6 634.667 738.7010 832.919 425.284 231.13
Net earnings5 050.445 907.828 650.047 237.963 261.43
Shareholders equity total12 110.1712 967.9917 332.1815 920.1411 981.57
Balance sheet total (assets)24 834.6725 990.7431 705.0226 792.2226 814.23
Net debt-2 184.88-7 867.85-6 032.33-3 596.59-3 070.59
Profitability
EBIT-%
ROA21.8 %30.6 %37.6 %32.4 %16.0 %
ROE43.6 %47.1 %57.1 %43.5 %23.4 %
ROI29.2 %51.6 %63.8 %53.1 %32.8 %
Economic value added (EVA)4 707.745 630.858 499.966 918.172 668.89
Solvency
Equity ratio48.8 %49.9 %51.3 %59.4 %39.3 %
Gearing19.3 %0.2 %17.3 %0.2 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.82.02.31.7
Current ratio1.51.82.02.31.7
Cash and cash equivalents4 524.847 898.669 030.653 629.913 103.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:16.0%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.3%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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