Christiansen Engineering & Technology ApS — Credit Rating and Financial Key Figures

CVR number: 40354360
Birk Centerpark 40, Birk 7400 Herning
christiansen.eng.tech@gmail.com
tel: 30572665
cetdk.eu
Free credit report Annual report

Credit rating

Company information

Official name
Christiansen Engineering & Technology ApS
Personnel
1 person
Established
2019
Domicile
Birk
Company form
Private limited company
Industry

About Christiansen Engineering & Technology ApS

Christiansen Engineering & Technology ApS (CVR number: 40354360) is a company from HERNING. The company recorded a gross profit of 1308.4 kDKK in 2024. The operating profit was 441.3 kDKK, while net earnings were 341.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 39 %, which can be considered excellent and Return on Equity (ROE) was 54.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Christiansen Engineering & Technology ApS's liquidity measured by quick ratio was 1.7 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 235.001 241.201 249.781 298.831 308.39
EBIT549.17470.24508.01464.85441.25
Net earnings423.95358.49395.45361.56341.22
Shareholders equity total643.82602.31697.76659.32600.54
Balance sheet total (assets)1 051.53887.991 007.271 155.291 106.28
Net debt- 769.06- 312.29- 562.69- 262.45- 294.64
Profitability
EBIT-%
ROA66.1 %48.5 %53.6 %43.0 %39.0 %
ROE87.0 %57.5 %60.8 %53.3 %54.2 %
ROI102.8 %75.4 %78.0 %58.2 %51.2 %
Economic value added (EVA)411.27332.89365.84326.45296.23
Solvency
Equity ratio61.2 %67.8 %69.3 %57.1 %54.3 %
Gearing33.3 %35.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.62.62.91.61.7
Current ratio2.62.62.91.61.7
Cash and cash equivalents769.06312.29562.69481.90508.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:39.0%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.3%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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