Langcrafts ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Langcrafts ApS
Langcrafts ApS (CVR number: 36704381) is a company from SKANDERBORG. The company recorded a gross profit of 94.7 kDKK in 2023. The operating profit was 6.1 kDKK, while net earnings were 5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.4 %, which can be considered good but Return on Equity (ROE) was 15.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -43.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Langcrafts ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -64.57 | 16.29 | 60.86 | 160.20 | 94.70 |
EBIT | -88.94 | 4.67 | -19.40 | -48.36 | 6.08 |
Net earnings | -90.70 | 4.14 | -19.95 | -48.92 | 4.97 |
Shareholders equity total | 62.38 | 55.76 | 35.81 | -13.11 | -8.14 |
Balance sheet total (assets) | 69.29 | 77.91 | 73.93 | 52.63 | 10.52 |
Net debt | -69.29 | -58.91 | -45.77 | -52.63 | -10.52 |
Profitability | |||||
EBIT-% | |||||
ROA | -42.6 % | 6.3 % | -25.6 % | -69.2 % | 14.4 % |
ROE | -56.1 % | 7.0 % | -43.6 % | -110.6 % | 15.7 % |
ROI | -55.0 % | 7.9 % | -42.4 % | -270.1 % | |
Economic value added (EVA) | -84.53 | 5.01 | -19.24 | -47.86 | 9.39 |
Solvency | |||||
Equity ratio | 90.0 % | 71.6 % | 48.4 % | -19.9 % | -43.6 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 10.0 | 3.5 | 1.9 | 0.8 | 0.6 |
Current ratio | 10.0 | 3.5 | 1.9 | 0.8 | 0.6 |
Cash and cash equivalents | 69.29 | 58.91 | 45.77 | 52.63 | 10.52 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | C | BB | BB | BB | B |
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