BRDR. CHRISTENSEN, IKAST A/S — Credit Rating and Financial Key Figures

CVR number: 29526974
Industrivej 1, 7430 Ikast
info@bcikast.dk
tel: 96423333
www.bcikast.dk

Credit rating

Company information

Official name
BRDR. CHRISTENSEN, IKAST A/S
Personnel
38 persons
Established
2006
Company form
Limited company
Industry
  • Expand more icon43Specialised construction activities

About BRDR. CHRISTENSEN, IKAST A/S

BRDR. CHRISTENSEN, IKAST A/S (CVR number: 29526974) is a company from IKAST-BRANDE. The company recorded a gross profit of 49.2 mDKK in 2023. The operating profit was 18 mDKK, while net earnings were 14.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 28.1 %, which can be considered excellent and Return on Equity (ROE) was 49.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.7 %, 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. BRDR. CHRISTENSEN, IKAST A/S's liquidity measured by quick ratio was 2.4 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
20192020202120222023
Volume
Net sales
Gross profit44 238.0542 122.3449 982.1749 377.5049 165.54
EBIT11 194.1411 827.2414 748.4817 090.8118 019.17
Net earnings8 704.139 123.6011 241.2413 330.9514 347.75
Shareholders equity total24 826.6323 950.2226 191.4728 522.4229 870.17
Balance sheet total (assets)59 039.7462 365.4266 869.1669 950.6162 621.83
Net debt-21 030.67-22 109.91-17 019.52-27 078.55-31 051.52
Profitability
EBIT-%
ROA19.6 %19.5 %22.8 %25.0 %28.1 %
ROE36.3 %37.4 %44.8 %48.7 %49.1 %
ROI30.4 %31.5 %38.9 %41.7 %43.1 %
Economic value added (EVA)8 179.789 050.1511 405.1512 895.3913 974.35
Solvency
Equity ratio42.1 %38.4 %39.2 %40.8 %47.7 %
Gearing1.6 %1.8 %2.4 %2.5 %1.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.71.81.82.4
Current ratio2.01.71.81.82.4
Cash and cash equivalents21 434.9222 534.5717 636.0127 786.7631 439.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:28.1%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.7%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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Build time: 2024-12-21T09:42:48.197Z

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