LANGCORR ApS — Credit Rating and Financial Key Figures

LANGCORR ApS (CVR number: 35049053) is a company from FREDERICIA. The company recorded a gross profit of 254.6 kDKK in 2019. The operating profit was 56.1 kDKK, while net earnings were 55.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.3 %, which can be considered good but Return on Equity (ROE) was 29.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -67.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. LANGCORR ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.