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

CVR number: 31468647
Floes-Engbakkevej 7, 8960 Randers SØ

Credit rating

Company information

Official name
TORBEN KNUDSEN CHRISTENSEN HOLDING ApS
Established
2008
Company form
Private limited company
Industry

About TORBEN KNUDSEN CHRISTENSEN HOLDING ApS

TORBEN KNUDSEN CHRISTENSEN HOLDING ApS (CVR number: 31468647) is a company from RANDERS. The company recorded a gross profit of -10.5 kDKK in 2023. The operating profit was -10.5 kDKK, while net earnings were 20.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 1.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 97.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TORBEN KNUDSEN CHRISTENSEN HOLDING ApS's liquidity measured by quick ratio was 7.9 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-7.41-7.59-7.78-8.96-10.48
EBIT-7.41-7.59-7.78-8.96-10.48
Net earnings210.92133.83368.14208.6420.70
Shareholders equity total1 057.801 081.031 336.171 430.411 333.31
Balance sheet total (assets)1 085.011 130.411 460.661 457.981 369.01
Net debt-0.90-14.79-28.97- 278.45- 231.22
Profitability
EBIT-%
ROA20.7 %12.1 %28.4 %14.3 %1.6 %
ROE22.1 %12.5 %30.5 %15.1 %1.5 %
ROI22.4 %12.5 %30.5 %15.1 %1.6 %
Economic value added (EVA)27.8024.4324.9030.8434.39
Solvency
Equity ratio97.5 %95.6 %91.5 %98.1 %97.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio4.83.52.411.97.9
Current ratio4.83.52.411.97.9
Cash and cash equivalents0.9014.7928.97278.45231.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:1.61%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.4%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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