LAUNGAARD & COMPANY ApS — Credit Rating and Financial Key Figures

CVR number: 31424275
Ingvar Hjorts Vej 7, 2830 Virum
sla@launco.com
tel: 30110855

Credit rating

Company information

Official name
LAUNGAARD & COMPANY ApS
Personnel
2 persons
Established
2008
Company form
Private limited company
Industry

About LAUNGAARD & COMPANY ApS

LAUNGAARD & COMPANY ApS (CVR number: 31424275) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 1925.4 kDKK in 2024. The operating profit was 23.4 kDKK, while net earnings were 18.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak and Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 32.8 %, 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. LAUNGAARD & COMPANY ApS's liquidity measured by quick ratio was 2.7 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit341.251 502.31571.572 464.671 925.42
EBIT-81.47985.75- 236.33507.0323.42
Net earnings-14.14785.15- 151.76395.4818.27
Shareholders equity total138.73923.88772.131 167.621 185.88
Balance sheet total (assets)3 397.083 442.283 856.635 610.223 619.45
Net debt2 366.691 991.202 742.061 543.971 014.60
Profitability
EBIT-%
ROA-2.8 %28.8 %-6.5 %10.7 %0.5 %
ROE-9.7 %147.8 %-17.9 %40.8 %1.6 %
ROI-3.1 %31.4 %-6.7 %12.0 %0.6 %
Economic value added (EVA)- 167.98661.26- 315.41206.92- 217.15
Solvency
Equity ratio4.1 %26.8 %20.0 %20.8 %32.8 %
Gearing2076.7 %229.9 %369.2 %252.8 %130.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.70.71.52.52.7
Current ratio1.91.12.02.62.9
Cash and cash equivalents514.44132.60108.491 408.17526.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.51%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.8%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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