MADS CHRISTENSEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MADS CHRISTENSEN ApS
MADS CHRISTENSEN ApS (CVR number: 34701261) is a company from HEDENSTED. The company recorded a gross profit of -281.5 kDKK in 2023. The operating profit was -321.7 kDKK, while net earnings were -479.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.5 %, which can be considered poor and Return on Equity (ROE) was -29.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43.8 %, 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. MADS CHRISTENSEN ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 329.02 | 76.75 | 16.16 | 22.52 | - 281.53 |
EBIT | 35.36 | -40.17 | -62.14 | - 184.47 | - 321.73 |
Net earnings | -83.56 | 238.72 | 103.50 | 570.23 | - 479.80 |
Shareholders equity total | 929.95 | 1 168.67 | 1 272.17 | 1 842.40 | 1 362.60 |
Balance sheet total (assets) | 1 027.82 | 2 115.39 | 2 322.96 | 3 421.91 | 3 111.13 |
Net debt | -88.72 | -30.67 | 45.40 | - 292.05 | 157.50 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.7 % | 16.0 % | 5.0 % | 23.3 % | -9.5 % |
ROE | -8.6 % | 22.8 % | 8.5 % | 36.6 % | -29.9 % |
ROI | 10.3 % | 23.4 % | 8.5 % | 39.8 % | -17.4 % |
Economic value added (EVA) | 7.23 | -82.33 | - 125.96 | - 217.98 | - 248.53 |
Solvency | |||||
Equity ratio | 90.5 % | 55.2 % | 54.8 % | 53.8 % | 43.8 % |
Gearing | 0.1 % | 5.2 % | 5.2 % | 12.6 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 10.5 | 1.4 | 0.8 | 0.8 | 0.5 |
Current ratio | 10.5 | 1.4 | 0.8 | 0.8 | 0.5 |
Cash and cash equivalents | 88.72 | 32.01 | 20.33 | 388.74 | 14.19 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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