LANGELAND VAND ApS — Credit Rating and Financial Key Figures

CVR number: 32567169
Nørrebro 207 A, 5900 Rudkøbing

Credit rating

Company information

Official name
LANGELAND VAND ApS
Established
2009
Company form
Private limited company
Industry

About LANGELAND VAND ApS

LANGELAND VAND ApS (CVR number: 32567169) is a company from LANGELAND. The company reported a net sales of 11.4 mDKK in 2024, demonstrating a growth of 5.7 % compared to the previous year. The operating profit percentage was at 30.7 % (EBIT: 3.5 mDKK), while net earnings were 2823.3 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 59.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. LANGELAND VAND ApS's liquidity measured by quick ratio was 2.1 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales10 504.2210 841.9810 426.9510 769.6011 385.31
Gross profit8 385.588 658.977 441.108 578.978 898.67
EBIT3 358.971 802.371 641.583 004.103 494.91
Net earnings2 760.691 329.851 308.072 703.062 823.27
Shareholders equity total51 745.1953 075.0554 383.1257 086.1759 909.45
Balance sheet total (assets)71 098.1170 936.2573 572.5075 810.61100 946.54
Net debt16 041.6615 829.9915 112.2815 970.3337 494.51
Profitability
EBIT-%32.0 %16.6 %15.7 %27.9 %30.7 %
ROA4.7 %2.5 %2.3 %4.1 %4.1 %
ROE5.5 %2.5 %2.4 %4.8 %4.8 %
ROI4.9 %2.6 %2.3 %4.2 %4.2 %
Economic value added (EVA)31.77-1 628.73-1 820.90- 488.04- 176.18
Solvency
Equity ratio72.8 %74.8 %73.9 %75.3 %59.3 %
Gearing32.0 %29.8 %27.8 %28.0 %62.6 %
Relative net indebtedness %179.5 %164.7 %184.0 %173.9 %360.4 %
Liquidity
Quick ratio2.33.51.50.22.1
Current ratio2.33.51.50.22.1
Cash and cash equivalents493.67
Capital use efficiency
Trade debtors turnover (days)20.212.81.31.11.0
Net working capital %26.8 %32.5 %16.3 %-37.4 %43.2 %
Credit risk
Credit ratingAAAAAAAAAAAA

Variable visualization

ROA:4.06%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.3%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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