C. Carstensens Tehandel ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About C. Carstensens Tehandel ApS
C. Carstensens Tehandel ApS (CVR number: 10339049) is a company from SØNDERBORG. The company recorded a gross profit of 1174.6 kDKK in 2024. The operating profit was -2.6 kDKK, while net earnings were -105.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak but Return on Equity (ROE) was -3.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. C. Carstensens Tehandel ApS's liquidity measured by quick ratio was 2.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 689.67 | 588.90 | 706.69 | 776.00 | 1 174.61 |
| EBIT | - 233.99 | - 300.28 | - 245.16 | - 287.00 | -2.62 |
| Net earnings | - 152.52 | - 221.91 | - 229.87 | - 204.00 | - 105.77 |
| Shareholders equity total | 3 949.10 | 3 727.19 | 3 497.32 | 3 293.00 | 3 187.45 |
| Balance sheet total (assets) | 4 902.52 | 4 714.46 | 4 484.94 | 4 232.00 | 4 388.09 |
| Net debt | - 223.66 | 264.39 | 115.95 | - 466.00 | - 546.78 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -3.7 % | -5.2 % | -4.3 % | -5.7 % | 1.8 % |
| ROE | -3.8 % | -5.8 % | -6.4 % | -6.0 % | -3.3 % |
| ROI | -4.3 % | -6.0 % | -4.9 % | -6.8 % | 2.3 % |
| Economic value added (EVA) | - 405.03 | - 465.32 | - 477.89 | - 430.67 | - 167.89 |
| Solvency | |||||
| Equity ratio | 80.6 % | 79.1 % | 78.0 % | 77.8 % | 72.6 % |
| Gearing | 6.7 % | 13.3 % | 14.4 % | 0.3 % | 0.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 4.3 | 3.6 | 3.5 | 3.5 | 2.9 |
| Current ratio | 4.9 | 4.3 | 4.2 | 4.2 | 3.4 |
| Cash and cash equivalents | 488.28 | 232.20 | 388.14 | 477.00 | 557.70 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BB | BBB |
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