LANGESØ - FONDET — Credit Rating and Financial Key Figures

CVR number: 83379928
Langesøvej 146 C, Langesø 5462 Morud
tel: 65964005
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Company information

Official name
LANGESØ - FONDET
Personnel
1 person
Established
1999
Domicile
Langesø
Industry

About LANGESØ - FONDET

LANGESØ - FONDET (CVR number: 83379928) is a company from NORDFYNS. The company recorded a gross profit of 2605.5 kDKK in 2023. The operating profit was 1882.4 kDKK, while net earnings were -1375.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak but Return on Equity (ROE) was -1.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60.3 %, 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. LANGESØ - FONDET's liquidity measured by quick ratio was 5.7 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 profit3 546.614 029.372 760.013 688.192 605.54
EBIT671.951 248.47213.481 539.191 882.36
Net earnings66.081 085.17-55.34- 450.37-1 375.64
Shareholders equity total134 273.93135 359.10135 303.76112 899.96111 524.32
Balance sheet total (assets)215 238.56216 372.32215 057.35186 565.75185 781.38
Net debt54 274.4653 420.8953 332.6251 053.5651 331.27
Profitability
EBIT-%
ROA0.4 %0.9 %0.3 %0.2 %0.5 %
ROE0.0 %0.8 %-0.0 %-0.4 %-1.2 %
ROI0.4 %0.9 %0.3 %0.2 %0.5 %
Economic value added (EVA)-8 860.07-8 160.15-9 223.26-8 198.33-6 836.22
Solvency
Equity ratio62.4 %62.6 %62.9 %60.5 %60.3 %
Gearing43.0 %42.2 %41.9 %50.2 %50.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.02.23.24.55.7
Current ratio5.14.98.77.45.6
Cash and cash equivalents3 458.053 669.183 396.265 589.725 204.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:0.53%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.3%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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