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

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

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 307.7 kDKK in 2023. The operating profit was 307.7 kDKK, while net earnings were 2650.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.9 %, which can be considered excellent and Return on Equity (ROE) was 18.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 94.2 %, 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 50 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 profit160.05379.82342.77350.06307.74
EBIT160.05379.82342.77350.06307.74
Net earnings486.682 762.55-1 116.992 176.052 650.42
Shareholders equity total9 327.4712 040.0210 853.0312 959.0815 559.50
Balance sheet total (assets)9 584.5612 922.6411 008.2613 324.9616 517.47
Net debt-9 457.68-12 756.98-10 810.97-13 140.85-16 298.62
Profitability
EBIT-%
ROA7.6 %32.5 %7.4 %21.0 %22.9 %
ROE5.3 %25.9 %-9.8 %18.3 %18.6 %
ROI7.8 %34.0 %7.7 %21.3 %23.8 %
Economic value added (EVA)133.97305.47383.31309.21252.85
Solvency
Equity ratio97.3 %93.2 %98.6 %97.3 %94.2 %
Gearing0.6 %0.7 %0.7 %0.5 %1.1 %
Relative net indebtedness %
Liquidity
Quick ratio50.675.970.965.150.0
Current ratio50.675.970.965.150.0
Cash and cash equivalents9 510.7112 846.8810 886.2213 202.1016 464.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:22.9%
Rating: 78/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.2%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.