CONNI OG KIM CHRISTENSEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CONNI OG KIM CHRISTENSEN A/S
CONNI OG KIM CHRISTENSEN A/S (CVR number: 25657411) is a company from KØBENHAVN. The company recorded a gross profit of -41.9 kDKK in 2023. The operating profit was -227.7 kDKK, while net earnings were 264.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered decent and Return on Equity (ROE) was 4.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 91.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CONNI OG KIM CHRISTENSEN A/S's liquidity measured by quick ratio was 10.4 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -15.82 | -43.96 | -12.84 | -86.20 | -41.92 |
EBIT | -15.82 | -43.96 | - 196.43 | - 270.55 | - 227.70 |
Net earnings | 424.21 | 299.51 | 563.79 | - 782.48 | 264.21 |
Shareholders equity total | 6 730.80 | 6 919.71 | 7 183.50 | 5 861.02 | 5 525.23 |
Balance sheet total (assets) | 8 799.73 | 6 990.30 | 8 633.66 | 7 854.25 | 6 024.42 |
Net debt | -2 931.85 | -4 946.07 | -5 647.56 | -3 880.51 | -4 606.69 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.4 % | 5.0 % | 9.1 % | -0.7 % | 4.0 % |
ROE | 6.5 % | 4.4 % | 8.0 % | -12.0 % | 4.6 % |
ROI | 6.6 % | 5.0 % | 9.2 % | -0.7 % | 4.0 % |
Economic value added (EVA) | 91.90 | 207.72 | - 145.11 | - 154.85 | - 107.47 |
Solvency | |||||
Equity ratio | 76.5 % | 99.0 % | 83.2 % | 74.6 % | 91.7 % |
Gearing | 28.3 % | 0.6 % | 18.6 % | 33.8 % | 8.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.4 | 77.1 | 4.8 | 3.0 | 10.4 |
Current ratio | 2.5 | 80.6 | 5.0 | 3.2 | 10.9 |
Cash and cash equivalents | 4 839.04 | 4 984.64 | 6 982.96 | 5 861.41 | 5 089.35 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | A |
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