Christho ApS — Credit Rating and Financial Key Figures

CVR number: 41107715
Nørregade 9 B, 8783 Hornsyld

Credit rating

Company information

Official name
Christho ApS
Established
2020
Company form
Private limited company
Industry

About Christho ApS

Christho ApS (CVR number: 41107715) is a company from HEDENSTED. The company recorded a gross profit of 32.1 kDKK in 2023. The operating profit was 20.1 kDKK, while net earnings were -3.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak but Return on Equity (ROE) was -8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 5.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Christho ApS's liquidity measured by quick ratio was 3.2 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
2020
2021
2022
2023
Volume
Net sales
Gross profit10.9837.3334.9532.07
EBIT3.0325.3923.0220.13
Net earnings-5.377.073.78-3.49
Shareholders equity total34.6341.7045.4841.99
Balance sheet total (assets)810.19819.37822.77813.63
Net debt1 213.77687.92667.38664.92
Profitability
EBIT-%
ROA0.4 %3.1 %2.8 %2.5 %
ROE-15.5 %18.5 %8.7 %-8.0 %
ROI0.2 %2.4 %2.9 %2.5 %
Economic value added (EVA)2.385.674.138.50
Solvency
Equity ratio4.4 %5.1 %5.5 %5.2 %
Gearing3582.2 %1766.6 %1608.4 %1742.5 %
Relative net indebtedness %
Liquidity
Quick ratio-1.63.22.43.2
Current ratio6.13.22.43.2
Cash and cash equivalents26.6348.6864.0666.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:2.46%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:5.16%
Rating: 6/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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