LANGELAND SPILDEVAND ApS
Credit rating
Company information
About LANGELAND SPILDEVAND ApS
LANGELAND SPILDEVAND ApS (CVR number: 32567231) is a company from LANGELAND. The company reported a net sales of 29.5 mDKK in 2023, demonstrating a decline of -1.6 % compared to the previous year. The operating profit percentage was at 6.4 % (EBIT: 1.9 mDKK), while net earnings were 253.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak and Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 78.5 %, 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. LANGELAND SPILDEVAND ApS's liquidity measured by quick ratio was 5 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.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 29 105.96 | 35 685.32 | 30 831.93 | 29 982.29 | 29 500.59 |
Gross profit | 21 533.68 | 28 021.51 | 23 694.99 | 22 066.49 | 20 718.24 |
EBIT | 8 244.52 | 12 718.71 | 7 787.86 | 4 080.98 | 1 898.84 |
Net earnings | 6 424.85 | 10 940.73 | 5 991.73 | 2 339.51 | 253.20 |
Shareholders equity total | 276 534.24 | 287 474.97 | 293 466.70 | 295 806.21 | 296 059.41 |
Balance sheet total (assets) | 370 151.02 | 377 229.07 | 380 184.86 | 379 895.68 | 377 069.06 |
Net debt | 89 203.28 | 87 438.12 | 84 869.26 | 81 994.66 | 79 064.10 |
Profitability | |||||
EBIT-% | 28.3 % | 35.6 % | 25.3 % | 13.6 % | 6.4 % |
ROA | 2.2 % | 3.4 % | 2.1 % | 1.1 % | 0.5 % |
ROE | 2.4 % | 3.9 % | 2.1 % | 0.8 % | 0.1 % |
ROI | 2.3 % | 3.4 % | 2.1 % | 1.1 % | 0.5 % |
Economic value added (EVA) | -8 964.06 | -5 520.43 | -10 933.35 | -14 785.95 | -16 938.40 |
Solvency | |||||
Equity ratio | 74.7 % | 76.2 % | 77.2 % | 77.9 % | 78.5 % |
Gearing | 32.7 % | 30.5 % | 28.9 % | 27.7 % | 26.7 % |
Relative net indebtedness % | 317.7 % | 250.8 % | 281.3 % | 280.5 % | 274.6 % |
Liquidity | |||||
Quick ratio | 4.8 | 7.7 | 7.0 | 5.2 | 5.0 |
Current ratio | 4.8 | 7.7 | 7.0 | 5.2 | 5.0 |
Cash and cash equivalents | 1 136.08 | 251.11 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 17.1 | 33.0 | 20.1 | 12.9 | 7.9 |
Net working capital % | 77.7 % | 82.9 % | 91.3 % | 71.0 % | 67.2 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AA |
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