J. Langkjær Holding ApS — Credit Rating and Financial Key Figures

J. Langkjær Holding ApS (CVR number: 42176672K) is a company from HERNING. The company recorded a gross profit of 18.7 mDKK in 2023. The operating profit was 8137.4 kDKK, while net earnings were 5573.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.1 %, which can be considered good but Return on Equity (ROE) was 28.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. J. Langkjær Holding ApS's liquidity measured by quick ratio was 1.6 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.