K. HØYER CHRISTENSEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 total | 760.36 | 734.00 | 692.70 | 438.95 | 294.93 |
Balance sheet total (assets) | 844.92 | 800.67 | 836.40 | 806.05 | 456.23 |
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 ratio | 90.0 % | 91.7 % | 82.8 % | 54.5 % | 64.6 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 9.5 | 11.2 | 5.5 | 2.1 | 2.6 |
Current ratio | 9.5 | 11.3 | 5.5 | 2.1 | 2.6 |
Cash and cash equivalents | 789.74 | 737.84 | 766.59 | 736.31 | 387.93 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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