LANGENÆS BLOMSTER ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LANGENÆS BLOMSTER ApS
LANGENÆS BLOMSTER ApS (CVR number: 35046097) is a company from AARHUS. The company recorded a gross profit of 409.7 kDKK in 2023. The operating profit was -108.6 kDKK, while net earnings were -134.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.2 %, which can be considered poor and Return on Equity (ROE) was -50.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37 %, 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. LANGENÆS BLOMSTER ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 857.29 | 949.97 | 747.70 | 584.85 | 409.69 |
EBIT | 244.80 | 103.60 | -64.79 | 1.68 | - 108.56 |
Net earnings | 187.32 | 86.81 | -58.17 | -5.61 | - 134.75 |
Shareholders equity total | 647.36 | 623.58 | 452.41 | 332.39 | 197.65 |
Balance sheet total (assets) | 1 120.31 | 1 087.07 | 745.45 | 724.80 | 534.24 |
Net debt | - 877.72 | - 896.11 | - 569.40 | - 478.08 | - 318.45 |
Profitability | |||||
EBIT-% | |||||
ROA | 25.9 % | 9.4 % | -7.1 % | 0.2 % | -17.2 % |
ROE | 33.8 % | 13.7 % | -10.8 % | -1.4 % | -50.8 % |
ROI | 44.1 % | 16.3 % | -12.0 % | 0.4 % | -30.3 % |
Economic value added (EVA) | 192.68 | 108.09 | -36.81 | 7.47 | - 113.37 |
Solvency | |||||
Equity ratio | 57.8 % | 57.4 % | 60.7 % | 45.9 % | 37.0 % |
Gearing | 0.2 % | 0.1 % | 1.2 % | 27.5 % | 48.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 2.0 | 2.0 | 1.5 | 1.2 |
Current ratio | 2.2 | 2.2 | 2.3 | 1.6 | 1.3 |
Cash and cash equivalents | 879.15 | 896.57 | 574.99 | 569.64 | 413.80 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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