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

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 1298.8 kDKK in 2023. The operating profit was 464.9 kDKK, while net earnings were 361.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 43 %, which can be considered excellent and Return on Equity (ROE) was 53.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.1 %, 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 1.6 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 154.201 235.001 241.201 249.781 298.83
EBIT424.39549.17470.24508.01464.85
Net earnings329.47423.95358.49395.45361.56
Shareholders equity total330.47643.82602.31697.76659.32
Balance sheet total (assets)609.501 051.53887.991 007.271 155.29
Net debt- 353.97- 769.06- 312.29- 562.69- 262.45
Profitability
EBIT-%
ROA69.6 %66.1 %48.5 %53.6 %43.0 %
ROE99.7 %87.0 %57.5 %60.8 %53.3 %
ROI100.1 %102.8 %75.4 %78.0 %58.2 %
Economic value added (EVA)330.46431.01371.53381.63354.77
Solvency
Equity ratio54.2 %61.2 %67.8 %69.3 %57.1 %
Gearing33.3 %
Relative net indebtedness %
Liquidity
Quick ratio3.32.62.62.91.6
Current ratio3.32.62.62.91.6
Cash and cash equivalents353.97769.06312.29562.69481.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:43.0%
Rating: 91/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.1%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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