LANGUAGEWIRE A/S — Credit Rating and Financial Key Figures

LANGUAGEWIRE A/S (CVR number: 25567846) is a company from FREDERIKSBERG. The company reported a net sales of 252 mDKK in 2023, demonstrating a decline of -2.9 % compared to the previous year. The operating profit percentage was at 5.5 % (EBIT: 13.8 mDKK), while net earnings were -10.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak but Return on Equity (ROE) was -2.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. LANGUAGEWIRE A/S's liquidity measured by quick ratio was 1.1 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.