Ove Christensen ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | 1 252.87 | 1 083.96 | 1 159.57 | |
Gross profit | 553.65 | 529.71 | 406.02 | 310.90 |
EBIT | 171.90 | 212.16 | 122.89 | -66.43 |
Net earnings | 128.35 | 159.37 | 92.56 | -55.13 |
Shareholders equity total | 278.35 | 437.72 | 530.28 | 475.14 |
Balance sheet total (assets) | 492.58 | 702.16 | 1 001.36 | 805.16 |
Net debt | - 291.95 | - 478.60 | - 509.73 | - 448.01 |
Profitability | ||||
EBIT-% | 16.9 % | 11.3 % | -5.7 % | |
ROA | 34.9 % | 35.5 % | 14.4 % | -7.4 % |
ROE | 46.1 % | 44.5 % | 19.1 % | -11.0 % |
ROI | 42.6 % | 43.7 % | 18.1 % | -9.6 % |
Economic value added (EVA) | 132.57 | 141.86 | 64.13 | -94.75 |
Solvency | ||||
Equity ratio | 56.5 % | 62.3 % | 53.0 % | 59.0 % |
Gearing | 45.1 % | 29.4 % | 48.9 % | 26.2 % |
Relative net indebtedness % | -27.4 % | -27.5 % | -20.9 % | |
Liquidity | ||||
Quick ratio | 1.9 | 2.5 | 2.0 | 3.6 |
Current ratio | 1.9 | 2.5 | 2.0 | 3.6 |
Cash and cash equivalents | 417.58 | 607.29 | 768.93 | 572.29 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 13.1 | 60.8 | 64.8 | |
Net working capital % | 30.9 % | 44.1 % | 48.6 % | |
Credit risk | ||||
Credit rating | BBB | BBB | BBB | BBB |
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