HANDELSFIRMAET CHRISTOFFERSEN & HØRBERG ApS

CVR number: 25489799
Nordmarksvej 19, 2770 Kastrup
tel: 32502052

Credit rating

Company information

Official name
HANDELSFIRMAET CHRISTOFFERSEN & HØRBERG ApS
Personnel
1 person
Established
2000
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About HANDELSFIRMAET CHRISTOFFERSEN & HØRBERG ApS

HANDELSFIRMAET CHRISTOFFERSEN & HØRBERG ApS (CVR number: 25489799) is a company from TÅRNBY. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -3.3 % compared to the previous year. The operating profit percentage was at 13.8 % (EBIT: 0 mDKK), while net earnings were -6.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent but Return on Equity (ROE) was -18.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 19.6 %, 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. HANDELSFIRMAET CHRISTOFFERSEN & HØRBERG ApS's liquidity measured by quick ratio was 14.1 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales50.3598.5273.1563.7161.59
Gross profit-27.1619.35-3.681.5017.47
EBIT-47.876.33-20.89-13.068.50
Net earnings-60.79-9.91-38.46-25.67-6.66
Shareholders equity total113.03103.1264.6739.0032.34
Balance sheet total (assets)220.48282.54211.34183.30164.61
Net debt85.86132.67140.14143.38127.53
Profitability
EBIT-%-95.1 %6.4 %-28.6 %-20.5 %13.8 %
ROA-19.6 %2.5 %-8.5 %-6.6 %4.9 %
ROE-42.4 %-9.2 %-45.8 %-49.5 %-18.7 %
ROI-22.8 %2.9 %-9.4 %-6.7 %4.9 %
Economic value added (EVA)-58.20-3.16-32.24-22.85-0.66
Solvency
Equity ratio51.3 %36.5 %30.6 %21.1 %19.6 %
Gearing78.8 %131.7 %221.4 %372.0 %397.0 %
Relative net indebtedness %207.1 %178.9 %196.3 %223.9 %213.4 %
Liquidity
Quick ratio3.83.029.1-96.214.1
Current ratio12.06.560.7- 240.542.4
Cash and cash equivalents3.163.163.051.680.86
Capital use efficiency
Trade debtors turnover (days)43.7252.2218.1127.926.4
Net working capital %401.3 %242.5 %284.2 %288.9 %261.0 %
Credit risk
Credit ratingCBCCC

Variable visualization

ROA:4.89%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.6%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

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