Langkjær Estate A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Langkjær Estate A/S
Langkjær Estate A/S (CVR number: 38497391) is a company from AARHUS. The company recorded a gross profit of -38.9 kDKK in 2024. The operating profit was -38.9 kDKK, while net earnings were 21 mDKK. The profitability of the company measured by Return on Assets (ROA) was 24 %, which can be considered excellent and Return on Equity (ROE) was 25.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Langkjær Estate A/S's liquidity measured by quick ratio was 147.8 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -28.24 | -22.36 | -23.30 | -48.12 | -38.90 |
EBIT | -28.24 | -22.36 | -23.30 | -48.12 | -38.90 |
Net earnings | 5 625.81 | 20 019.55 | 9 577.61 | 23 411.80 | 20 992.75 |
Shareholders equity total | 24 791.93 | 43 611.47 | 51 989.08 | 73 900.88 | 92 493.64 |
Balance sheet total (assets) | 25 361.53 | 44 440.35 | 64 509.52 | 82 848.86 | 92 498.64 |
Net debt | 487.38 | 812.58 | 12 512.65 | 8 888.95 | -44.76 |
Profitability | |||||
EBIT-% | |||||
ROA | 24.5 % | 57.4 % | 17.6 % | 31.9 % | 24.0 % |
ROE | 25.0 % | 58.5 % | 20.0 % | 37.2 % | 25.2 % |
ROI | 24.3 % | 57.4 % | 17.6 % | 31.9 % | 24.0 % |
Economic value added (EVA) | 51.00 | 279.46 | 1 253.16 | 2 207.75 | 2 982.67 |
Solvency | |||||
Equity ratio | 97.8 % | 98.1 % | 80.6 % | 89.2 % | 100.0 % |
Gearing | 2.3 % | 1.9 % | 24.1 % | 12.1 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.3 | 0.0 | 0.0 | 147.8 |
Current ratio | 0.5 | 0.3 | 0.0 | 0.0 | 147.8 |
Cash and cash equivalents | 77.23 | 11.29 | 2.79 | 54.03 | 44.76 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | A | A |
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