Erik Christensen Holding 2018 ApS — Credit Rating and Financial Key Figures

CVR number: 39823810
Søndergade 69, 6040 Egtved

Company information

Official name
Erik Christensen Holding 2018 ApS
Established
2018
Company form
Private limited company
Industry

About Erik Christensen Holding 2018 ApS

Erik Christensen Holding 2018 ApS (CVR number: 39823810) is a company from VEJLE. The company recorded a gross profit of -5 kDKK in 2021. The operating profit was -5 kDKK, while net earnings were 760 kDKK. The profitability of the company measured by Return on Assets (ROA) was 32.2 %, which can be considered excellent and Return on Equity (ROE) was 33.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 96.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Erik Christensen Holding 2018 ApS's liquidity measured by quick ratio was 8.5 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
2018
2019
2020
2021
Volume
Net sales
Gross profit-10.00-10.12-5.00-5.00
EBIT-10.00-10.12-5.00-5.00
Net earnings-20.99229.03183.73760.05
Shareholders equity total1 573.811 802.841 875.972 636.02
Balance sheet total (assets)1 583.811 822.961 981.832 741.88
Net debt10.12100.8676.54
Profitability
EBIT-%
ROA-1.3 %13.2 %9.7 %32.2 %
ROE-1.3 %13.6 %10.0 %33.7 %
ROI-1.3 %13.3 %9.7 %32.3 %
Economic value added (EVA)-10.0068.0157.8448.00
Solvency
Equity ratio99.4 %98.9 %94.7 %96.1 %
Gearing0.6 %5.4 %3.8 %
Relative net indebtedness %
Liquidity
Quick ratio15.65.68.5
Current ratio15.65.68.5
Cash and cash equivalents24.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:32.2%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.1%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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