Kim K. Christensen A/S
Credit rating
Company information
About Kim K. Christensen A/S
Kim K. Christensen A/S (CVR number: 25221095) is a company from ALLERØD. The company recorded a gross profit of 881.2 kDKK in 2023. The operating profit was -46.4 kDKK, while net earnings were 35.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak and Return on Equity (ROE) was 3.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 37.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Kim K. Christensen A/S's liquidity measured by quick ratio was 1.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 606.71 | 867.61 | 735.10 | 925.16 | 881.20 |
EBIT | 58.13 | 164.29 | 10.95 | 129.40 | -46.43 |
Net earnings | 263.29 | 225.80 | 78.99 | 186.35 | 35.20 |
Shareholders equity total | 3 572.35 | 1 298.15 | 1 377.14 | 1 563.50 | 598.54 |
Balance sheet total (assets) | 4 203.47 | 3 145.62 | 1 998.97 | 3 718.82 | 1 612.66 |
Net debt | - 144.60 | - 576.01 | - 532.91 | 729.25 | 148.08 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.9 % | 8.1 % | 4.3 % | 10.9 % | 3.7 % |
ROE | 7.7 % | 9.3 % | 5.9 % | 12.7 % | 3.3 % |
ROI | 8.0 % | 11.3 % | 7.2 % | 16.9 % | 6.6 % |
Economic value added (EVA) | 9.14 | -44.51 | -7.82 | 57.26 | - 113.99 |
Solvency | |||||
Equity ratio | 85.0 % | 41.3 % | 68.9 % | 42.0 % | 37.1 % |
Gearing | 30.7 % | 0.2 % | 46.6 % | 24.7 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.6 | 1.7 | 3.2 | 1.7 | 1.6 |
Current ratio | 6.7 | 1.7 | 3.2 | 1.7 | 1.6 |
Cash and cash equivalents | 144.60 | 974.63 | 535.95 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BB | BB |
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