FINN CHRISTENSEN ApS — Credit Rating and Financial Key Figures

CVR number: 25174186
Solbakken 6, 6710 Esbjerg V
tel: 75155458

Credit rating

Company information

Official name
FINN CHRISTENSEN ApS
Personnel
1 person
Established
2000
Company form
Private limited company
Industry

About FINN CHRISTENSEN ApS

FINN CHRISTENSEN ApS (CVR number: 25174186) is a company from ESBJERG. The company recorded a gross profit of 214.8 kDKK in 2023. The operating profit was -303.4 kDKK, while net earnings were -266.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak but Return on Equity (ROE) was -15.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 94 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FINN CHRISTENSEN ApS's liquidity measured by quick ratio was 10.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 309.901 175.76953.08272.68214.78
EBIT325.8845.0763.20- 331.41- 303.38
Net earnings545.02548.29- 662.10- 281.45- 266.43
Shareholders equity total2 629.573 067.262 292.161 896.311 512.08
Balance sheet total (assets)3 267.383 679.422 572.262 178.421 607.93
Net debt-1 759.08-2 654.38-1 618.15-1 137.49- 872.37
Profitability
EBIT-%
ROA23.4 %22.0 %2.2 %-8.8 %3.7 %
ROE22.6 %19.2 %-24.7 %-13.4 %-15.6 %
ROI29.1 %26.8 %2.6 %-9.9 %4.0 %
Economic value added (EVA)204.30-8.7242.32- 365.86- 340.72
Solvency
Equity ratio80.5 %83.4 %89.1 %87.0 %94.0 %
Gearing3.0 %
Relative net indebtedness %
Liquidity
Quick ratio3.74.76.75.310.3
Current ratio3.84.86.85.410.4
Cash and cash equivalents1 759.082 654.381 618.151 193.52872.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:3.67%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.0%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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