CHR. TANGELSBJERG CHRISTENSEN ApS — Credit Rating and Financial Key Figures

CVR number: 59919911
Nyborgvej 56, 5600 Faaborg
tel: 62618536
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Credit rating

Company information

Official name
CHR. TANGELSBJERG CHRISTENSEN ApS
Established
1977
Company form
Private limited company
Industry

About CHR. TANGELSBJERG CHRISTENSEN ApS

CHR. TANGELSBJERG CHRISTENSEN ApS (CVR number: 59919911) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 260.9 kDKK in 2024. The operating profit was 260.9 kDKK, while net earnings were -280.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak but Return on Equity (ROE) was -1.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CHR. TANGELSBJERG CHRISTENSEN ApS's liquidity measured by quick ratio was 43.5 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
2024
Volume
Net sales
Gross profit379.82342.77350.06307.74260.86
EBIT379.82342.77350.06307.74260.86
Net earnings2 762.55-1 116.992 176.052 650.42- 280.50
Shareholders equity total12 040.0210 853.0312 959.0815 559.5015 279.00
Balance sheet total (assets)12 922.6411 008.2613 324.9616 517.4715 638.66
Net debt-12 756.98-10 810.97-13 140.85-16 298.62-15 219.15
Profitability
EBIT-%
ROA32.5 %7.4 %21.0 %22.9 %3.9 %
ROE25.9 %-9.8 %18.3 %18.6 %-1.8 %
ROI34.0 %7.7 %21.3 %23.8 %4.0 %
Economic value added (EVA)- 175.11- 266.76- 241.60- 413.63- 514.21
Solvency
Equity ratio93.2 %98.6 %97.3 %94.2 %97.7 %
Gearing0.7 %0.7 %0.5 %1.1 %1.6 %
Relative net indebtedness %
Liquidity
Quick ratio75.970.965.150.043.5
Current ratio75.970.965.150.043.5
Cash and cash equivalents12 846.8810 886.2213 202.1016 464.9715 464.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:3.89%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.7%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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