PH KRISTIANSEN & CO. A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About PH KRISTIANSEN & CO. A/S
PH KRISTIANSEN & CO. A/S (CVR number: 17035347) is a company from SKIVE. The company reported a net sales of 1.9 mDKK in 2023, demonstrating a growth of 8.8 % compared to the previous year. The operating profit percentage was at 57.8 % (EBIT: 1.1 mDKK), while net earnings were 6056.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30 %, which can be considered excellent and Return on Equity (ROE) was 41.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74 %, 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. PH KRISTIANSEN & CO. A/S's liquidity measured by quick ratio was 3.8 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 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | 2 174.69 | 1 743.29 | 1 896.42 | |
| Gross profit | 1 333.10 | 1 019.21 | 894.48 | |
| EBIT | 1 267.50 | 918.86 | 1 095.70 | |
| Net earnings | 2 570.78 | -2 787.38 | 6 056.94 | |
| Shareholders equity total | 13 679.99 | 11 642.67 | 17 696.16 | |
| Balance sheet total (assets) | 22 072.56 | 18 196.71 | 23 925.00 | |
| Net debt | 4 638.32 | 3 192.39 | 1 162.18 | |
| Profitability | ||||
| EBIT-% | 58.3 % | 52.7 % | 57.8 % | |
| ROA | 13.5 % | -12.2 % | 30.0 % | |
| ROE | 18.8 % | -22.0 % | 41.3 % | |
| ROI | 14.2 % | -12.8 % | 30.9 % | |
| Economic value added (EVA) | - 640.75 | 989.93 | 139.61 | 244.77 |
| Solvency | ||||
| Equity ratio | 62.0 % | 64.0 % | 74.0 % | |
| Gearing | 35.3 % | 28.6 % | 16.5 % | |
| Relative net indebtedness % | 309.4 % | 250.0 % | 107.8 % | |
| Liquidity | ||||
| Quick ratio | 0.4 | 1.3 | 3.8 | |
| Current ratio | 0.4 | 1.3 | 3.8 | |
| Cash and cash equivalents | 187.35 | 134.23 | 1 752.74 | |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | -41.2 % | 22.7 % | 98.0 % | |
| Credit risk | ||||
| Credit rating | A | BBB | AA |
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