K. HØYER CHRISTENSEN ApS — Credit Rating and Financial Key Figures

CVR number: 84488712
Olsbæk Strandvej 72, 2670 Greve
tel: 43900659

Company information

Official name
K. HØYER CHRISTENSEN ApS
Personnel
2 persons
Established
1978
Company form
Private limited company
Industry

About K. HØYER CHRISTENSEN ApS

K. HØYER CHRISTENSEN ApS (CVR number: 84488712) is a company from GREVE. The company recorded a gross profit of -108.9 kDKK in 2023. The operating profit was -166.7 kDKK, while net earnings were -144 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19 %, which can be considered poor and Return on Equity (ROE) was -39.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. K. HØYER CHRISTENSEN ApS's liquidity measured by quick ratio was 2.6 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 profit-50.43-82.53-92.30- 136.12- 108.90
EBIT- 103.11- 132.58- 149.28- 185.60- 166.66
Net earnings- 129.07-26.36-41.30- 253.75- 144.02
Shareholders equity total760.36734.00692.70438.95294.93
Balance sheet total (assets)844.92800.67836.40806.05456.23
Net debt- 789.74- 737.84- 766.59- 736.31- 387.93
Profitability
EBIT-%
ROA-7.7 %-3.1 %-4.4 %-16.9 %-19.0 %
ROE-15.6 %-3.5 %-5.8 %-44.8 %-39.2 %
ROI-8.4 %-3.4 %-5.1 %-24.6 %-32.7 %
Economic value added (EVA)- 106.59- 131.10- 149.09- 181.89- 151.72
Solvency
Equity ratio90.0 %91.7 %82.8 %54.5 %64.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio9.511.25.52.12.6
Current ratio9.511.35.52.12.6
Cash and cash equivalents789.74737.84766.59736.31387.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-19.0%
Rating: 1/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.6%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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