LANGESØ - FONDET — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 546.61 | 4 029.37 | 2 760.01 | 3 688.19 | 2 605.54 |
EBIT | 671.95 | 1 248.47 | 213.48 | 1 539.19 | 1 882.36 |
Net earnings | 66.08 | 1 085.17 | -55.34 | - 450.37 | -1 375.64 |
Shareholders equity total | 134 273.93 | 135 359.10 | 135 303.76 | 112 899.96 | 111 524.32 |
Balance sheet total (assets) | 215 238.56 | 216 372.32 | 215 057.35 | 186 565.75 | 185 781.38 |
Net debt | 54 274.46 | 53 420.89 | 53 332.62 | 51 053.56 | 51 331.27 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.4 % | 0.9 % | 0.3 % | 0.2 % | 0.5 % |
ROE | 0.0 % | 0.8 % | -0.0 % | -0.4 % | -1.2 % |
ROI | 0.4 % | 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 ratio | 62.4 % | 62.6 % | 62.9 % | 60.5 % | 60.3 % |
Gearing | 43.0 % | 42.2 % | 41.9 % | 50.2 % | 50.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.0 | 2.2 | 3.2 | 4.5 | 5.7 |
Current ratio | 5.1 | 4.9 | 8.7 | 7.4 | 5.6 |
Cash and cash equivalents | 3 458.05 | 3 669.18 | 3 396.26 | 5 589.72 | 5 204.97 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AAA | AA | AA | AA |
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