Michael H. Christensen Holding ApS — Credit Rating and Financial Key Figures

CVR number: 38290894
Industrivej 11, Gelsted 4160 Herlufmagle

Company information

Official name
Michael H. Christensen Holding ApS
Established
2016
Domicile
Gelsted
Company form
Private limited company
Industry

About Michael H. Christensen Holding ApS

Michael H. Christensen Holding ApS (CVR number: 38290894) is a company from NÆSTVED. The company recorded a gross profit of 45.5 kDKK in 2024. The operating profit was -541.5 kDKK, while net earnings were 910.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.7 %, which can be considered excellent and Return on Equity (ROE) was 199.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -93.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Michael H. Christensen Holding ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1.3545.54
EBIT1.35- 541.48
Net earnings-0.17-0.2070.76-3 319.43910.64
Shareholders equity total396.00435.11505.87-2 884.32-1 973.68
Balance sheet total (assets)687.50687.31775.37767.55143.70
Net debt289.12250.02244.383 651.46242.25
Profitability
EBIT-%
ROA11.3 %-149.9 %31.7 %
ROE-0.0 %-0.0 %15.0 %-521.3 %199.9 %
ROI11.4 %-150.5 %31.7 %
Economic value added (EVA)-32.47-34.47-33.11-38.09- 580.03
Solvency
Equity ratio57.6 %63.3 %65.2 %-79.0 %-93.2 %
Gearing73.2 %57.6 %49.9 %-126.6 %-12.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.0
Current ratio0.00.00.0
Cash and cash equivalents0.880.687.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:31.7%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-93.2%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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