Ove Christensen ApS — Credit Rating and Financial Key Figures

CVR number: 41628170
Kirkebyvej 29, Sdr. Nissum 6990 Ulfborg

Credit rating

Company information

Official name
Ove Christensen ApS
Personnel
1 person
Established
2020
Domicile
Sdr. Nissum
Company form
Private limited company
Industry

About Ove Christensen ApS

Ove Christensen ApS (CVR number: 41628170) is a company from HOLSTEBRO. The company reported a net sales of 1.2 mDKK in 2024, demonstrating a growth of 7 % compared to the previous year. The operating profit percentage was poor at -5.7 % (EBIT: -0.1 mDKK), while net earnings were -55.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.4 %, which can be considered poor and Return on Equity (ROE) was -11 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59 %, 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. Ove Christensen ApS's liquidity measured by quick ratio was 3.6 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales1 252.871 083.961 159.57
Gross profit553.65529.71406.02310.90
EBIT171.90212.16122.89-66.43
Net earnings128.35159.3792.56-55.13
Shareholders equity total278.35437.72530.28475.14
Balance sheet total (assets)492.58702.161 001.36805.16
Net debt- 291.95- 478.60- 509.73- 448.01
Profitability
EBIT-%16.9 %11.3 %-5.7 %
ROA34.9 %35.5 %14.4 %-7.4 %
ROE46.1 %44.5 %19.1 %-11.0 %
ROI42.6 %43.7 %18.1 %-9.6 %
Economic value added (EVA)132.57141.8664.13-94.75
Solvency
Equity ratio56.5 %62.3 %53.0 %59.0 %
Gearing45.1 %29.4 %48.9 %26.2 %
Relative net indebtedness %-27.4 %-27.5 %-20.9 %
Liquidity
Quick ratio1.92.52.03.6
Current ratio1.92.52.03.6
Cash and cash equivalents417.58607.29768.93572.29
Capital use efficiency
Trade debtors turnover (days)13.160.864.8
Net working capital %30.9 %44.1 %48.6 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-7.35%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.0%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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