SØREN CHRISTIANSEN & CO. FARVE A/S — Credit Rating and Financial Key Figures

CVR number: 12962282
Hovedvejen 65, 2600 Glostrup
tel: 43960537

Credit rating

Company information

Official name
SØREN CHRISTIANSEN & CO. FARVE A/S
Personnel
11 persons
Established
1989
Company form
Limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About SØREN CHRISTIANSEN & CO. FARVE A/S

SØREN CHRISTIANSEN & CO. FARVE A/S (CVR number: 12962282) is a company from GLOSTRUP. The company recorded a gross profit of 5495.3 kDKK in 2023. The operating profit was 2367.4 kDKK, while net earnings were 1655.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.9 %, which can be considered excellent and Return on Equity (ROE) was 68.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.3 %, 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. SØREN CHRISTIANSEN & CO. FARVE A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit5 736.846 001.956 303.396 170.345 495.32
EBIT2 690.003 106.002 926.002 577.212 367.36
Net earnings1 915.002 192.002 049.001 794.841 655.39
Shareholders equity total2 615.002 892.002 749.002 494.842 355.39
Balance sheet total (assets)11 522.0010 727.0010 717.0010 831.2211 581.92
Net debt-2 877.20-2 217.29-2 143.84-1 553.04-2 139.69
Profitability
EBIT-%
ROA25.0 %27.9 %27.3 %24.1 %21.9 %
ROE71.9 %79.6 %72.6 %68.5 %68.3 %
ROI50.2 %49.4 %46.6 %40.8 %36.9 %
Economic value added (EVA)2 175.752 603.592 415.422 148.591 995.45
Solvency
Equity ratio22.7 %27.0 %25.6 %23.0 %20.3 %
Gearing128.2 %119.2 %125.1 %161.3 %186.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.01.01.01.0
Current ratio1.31.41.31.31.2
Cash and cash equivalents6 229.765 665.985 581.695 577.336 533.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:21.9%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.3%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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