CHRISTIANIA BIKES ApS — Credit Rating and Financial Key Figures

CVR number: 27914667
Brogårdsvej 1, Nyker 3700 Rønne
info@christianiabikes.com
tel: 56966700
https://www.christianiabikes.com/

Company information

Official name
CHRISTIANIA BIKES ApS
Personnel
25 persons
Established
2004
Domicile
Nyker
Company form
Private limited company
Industry

About CHRISTIANIA BIKES ApS

CHRISTIANIA BIKES ApS (CVR number: 27914667) is a company from BORNHOLMS REGIONSKOMMUNE. The company recorded a gross profit of 25.1 mDKK in 2023. The operating profit was 14 mDKK, while net earnings were 11.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 39.8 %, which can be considered excellent and Return on Equity (ROE) was 47.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.9 %, 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. CHRISTIANIA BIKES ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit23 922.0025 497.0027 844.0027 167.2925 070.67
EBIT15 482.0016 205.0016 976.0015 964.9413 999.92
Net earnings12 057.0012 578.0013 209.0012 338.9111 079.15
Shareholders equity total18 508.0020 085.0023 295.0022 633.4123 712.56
Balance sheet total (assets)24 098.0025 818.0030 010.0034 231.1537 678.16
Net debt-13 091.00-14 560.00-7 828.00-8 737.63-7 150.31
Profitability
EBIT-%
ROA71.2 %65.0 %61.0 %49.7 %39.8 %
ROE71.0 %65.2 %60.9 %53.7 %47.8 %
ROI91.3 %84.0 %75.5 %60.0 %46.6 %
Economic value added (EVA)11 675.8712 365.0612 961.7811 747.0610 497.58
Solvency
Equity ratio76.8 %77.8 %77.6 %66.1 %62.9 %
Gearing7.4 %24.7 %40.3 %
Relative net indebtedness %
Liquidity
Quick ratio3.03.42.81.51.3
Current ratio4.34.44.52.92.7
Cash and cash equivalents13 091.0014 560.009 543.0014 329.8016 694.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:39.8%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.9%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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