CHEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CHEN ApS
CHEN ApS (CVR number: 34085935) is a company from ODENSE. The company recorded a gross profit of 926.5 kDKK in 2023. The operating profit was -135.3 kDKK, while net earnings were -117.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.3 %, which can be considered poor and Return on Equity (ROE) was -25 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.7 %, 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. CHEN 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 158.18 | 826.67 | 1 015.66 | 1 241.95 | 926.54 |
EBIT | -45.88 | -12.50 | 196.51 | 75.62 | - 135.32 |
Net earnings | -47.64 | -14.26 | 164.54 | 54.97 | - 117.59 |
Shareholders equity total | 324.18 | 309.92 | 474.46 | 529.42 | 411.83 |
Balance sheet total (assets) | 869.35 | 674.92 | 1 004.58 | 1 016.92 | 1 186.88 |
Net debt | - 283.65 | - 248.59 | - 476.02 | - 488.36 | - 622.32 |
Profitability | |||||
EBIT-% | |||||
ROA | -5.1 % | -1.6 % | 23.4 % | 7.5 % | -12.3 % |
ROE | -13.7 % | -4.5 % | 42.0 % | 11.0 % | -25.0 % |
ROI | -13.2 % | -3.9 % | 50.1 % | 15.1 % | -28.7 % |
Economic value added (EVA) | -46.86 | -14.54 | 163.87 | 58.80 | - 108.44 |
Solvency | |||||
Equity ratio | 37.3 % | 45.9 % | 47.2 % | 52.1 % | 34.7 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 0.7 | 1.1 | 1.2 | 1.3 |
Current ratio | 0.8 | 0.7 | 1.2 | 1.3 | 1.4 |
Cash and cash equivalents | 283.65 | 248.59 | 476.02 | 488.36 | 622.32 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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