LANGELAND VAND ApS — Credit Rating and Financial Key Figures

LANGELAND VAND ApS (CVR number: 32567169) is a company from LANGELAND. The company reported a net sales of 10.8 mDKK in 2023, demonstrating a growth of 3.3 % compared to the previous year. The operating profit percentage was at 27.9 % (EBIT: 3 mDKK), while net earnings were 2703.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent and Return on Equity (ROE) was 4.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 75.3 %, 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 VAND ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.