OLE CHRISTIANSEN & CO ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About OLE CHRISTIANSEN & CO ApS
OLE CHRISTIANSEN & CO ApS (CVR number: 13537402) is a company from RUDERSDAL. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of 0 % compared to the previous year. The operating profit percentage was at 4.6 % (EBIT: 0 mDKK), while net earnings were 849.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.7 %, which can be considered excellent but Return on Equity (ROE) was 15 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 93.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. OLE CHRISTIANSEN & CO ApS's liquidity measured by quick ratio was 7.1 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 | 117.60 | 117.60 | 117.60 | 117.60 | 117.60 |
Gross profit | 67.56 | 65.88 | 66.93 | 65.35 | 54.73 |
EBIT | 18.23 | 16.54 | 17.60 | 16.02 | 5.40 |
Net earnings | 441.33 | 198.53 | 820.91 | 1 420.79 | 849.14 |
Shareholders equity total | 3 108.24 | 3 006.77 | 3 827.68 | 5 248.47 | 6 097.61 |
Balance sheet total (assets) | 6 003.11 | 5 759.52 | 6 414.44 | 6 991.34 | 6 596.19 |
Net debt | 378.29 | 519.65 | - 258.23 | -1 801.21 | -2 807.77 |
Profitability | |||||
EBIT-% | 15.5 % | 14.1 % | 15.0 % | 13.6 % | 4.6 % |
ROA | 10.7 % | 8.0 % | 18.2 % | 30.3 % | 16.7 % |
ROE | 15.3 % | 6.5 % | 24.0 % | 31.3 % | 15.0 % |
ROI | 11.2 % | 8.3 % | 18.6 % | 31.1 % | 17.4 % |
Economic value added (EVA) | - 144.59 | - 143.56 | - 147.46 | - 152.38 | - 156.69 |
Solvency | |||||
Equity ratio | 52.3 % | 52.7 % | 60.2 % | 75.7 % | 93.3 % |
Gearing | 84.5 % | 85.6 % | 65.3 % | 28.2 % | 3.6 % |
Relative net indebtedness % | 549.3 % | 593.7 % | -146.3 % | -1308.3 % | -2149.8 % |
Liquidity | |||||
Quick ratio | 3.7 | 4.7 | 8.8 | 13.0 | 7.1 |
Current ratio | 3.4 | 4.1 | 7.4 | 10.6 | 6.2 |
Cash and cash equivalents | 2 248.86 | 2 054.60 | 2 758.85 | 3 281.48 | 3 026.77 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -12.7 % | -35.1 % | 328.4 % | 367.8 % | -385.4 % |
Credit risk | |||||
Credit rating | A | A | A | AA | AA |
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