LANGELANDS MOTOR CO. ApS — Credit Rating and Financial Key Figures

LANGELANDS MOTOR CO. ApS (CVR number: 30346238) is a company from LANGELAND. The company recorded a gross profit of 2251 kDKK in 2023. The operating profit was 1017.1 kDKK, while net earnings were 791.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 46.2 %, which can be considered excellent and Return on Equity (ROE) was 59.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.1 %, 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. LANGELANDS MOTOR CO. ApS's liquidity measured by quick ratio was 2.4 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.