FINN A. CHRISTENSEN A/S — Credit Rating and Financial Key Figures

CVR number: 27207421
Ærøvej 58, 9900 Frederikshavn
tel: 98433353

Company information

Official name
FINN A. CHRISTENSEN A/S
Personnel
34 persons
Established
2003
Company form
Limited company
Industry

About FINN A. CHRISTENSEN A/S

FINN A. CHRISTENSEN A/S (CVR number: 27207421) is a company from FREDERIKSHAVN. The company recorded a gross profit of 17.1 mDKK in 2023. The operating profit was 3353.7 kDKK, while net earnings were 2600.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.6 %, which can be considered excellent and Return on Equity (ROE) was 34.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.9 %, 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. FINN A. CHRISTENSEN A/S's liquidity measured by quick ratio was 1.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit16 566.7716 199.0116 637.3918 418.8017 070.39
EBIT3 218.182 649.842 872.754 113.153 353.72
Net earnings2 406.811 965.142 133.543 097.422 600.59
Shareholders equity total6 388.235 953.386 086.917 184.337 970.52
Balance sheet total (assets)14 464.6716 856.0814 817.9514 138.7215 653.89
Net debt-3 507.04-4 813.08-2 489.14-6 115.21-7 239.71
Profitability
EBIT-%
ROA21.5 %16.9 %18.2 %28.4 %22.6 %
ROE38.9 %31.8 %35.4 %46.7 %34.3 %
ROI36.8 %29.2 %31.6 %45.1 %37.8 %
Economic value added (EVA)2 106.061 607.881 858.162 725.352 226.09
Solvency
Equity ratio44.2 %35.3 %41.1 %50.8 %50.9 %
Gearing8.2 %8.1 %30.8 %0.4 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.51.72.01.9
Current ratio2.01.51.72.01.9
Cash and cash equivalents4 030.145 295.084 363.206 147.227 244.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:22.6%
Rating: 78/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.9%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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