TORBEN HERMAN CHRISTENSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 32654169
Taarbæk Strandvej 42 C, 2930 Klampenborg

Company information

Official name
TORBEN HERMAN CHRISTENSEN HOLDING ApS
Established
2009
Company form
Private limited company
Industry

About TORBEN HERMAN CHRISTENSEN HOLDING ApS

TORBEN HERMAN CHRISTENSEN HOLDING ApS (CVR number: 32654169K) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 1411.1 mDKK in 2022, demonstrating a growth of 87.2 % compared to the previous year. The operating profit percentage was at 4.7 % (EBIT: 66.2 mDKK), while net earnings were 157.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 17.4 %, which can be considered excellent and Return on Equity (ROE) was 28.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 83.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TORBEN HERMAN CHRISTENSEN HOLDING ApS's liquidity measured by quick ratio was 3.3 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales2 289.813 170.983 506.82753.821 411.11
Gross profit152.85209.32290.33479.43171.91
EBIT54.5291.86155.55384.2966.17
Net earnings39.9660.61125.91489.60157.29
Shareholders equity total302.10366.47508.55817.21885.16
Balance sheet total (assets)653.78906.211 083.26951.181 067.90
Net debt169.50291.65269.80- 157.13- 102.65
Profitability
EBIT-%2.4 %2.9 %4.4 %51.0 %4.7 %
ROA9.8 %11.9 %17.4 %41.1 %17.4 %
ROE23.6 %31.7 %53.7 %123.6 %28.7 %
ROI12.2 %14.7 %21.9 %48.9 %19.2 %
Economic value added (EVA)31.9458.91107.49375.7033.77
Solvency
Equity ratio46.6 %40.4 %47.0 %85.9 %83.5 %
Gearing63.0 %87.6 %62.0 %3.1 %6.1 %
Relative net indebtedness %14.2 %15.9 %14.9 %-7.1 %-0.2 %
Liquidity
Quick ratio1.00.80.93.13.3
Current ratio1.41.41.53.23.2
Cash and cash equivalents20.8129.2645.36182.53156.58
Capital use efficiency
Trade debtors turnover (days)31.631.130.322.819.6
Net working capital %4.8 %5.6 %7.3 %29.6 %21.0 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:17.4%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.5%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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