Aage Christensen Defence A/S — Credit Rating and Financial Key Figures

CVR number: 26234344
Vesterbrogade 149, 1620 København V
tel: 36442024

Credit rating

Company information

Official name
Aage Christensen Defence A/S
Personnel
2 persons
Established
2001
Company form
Limited company
Industry

About Aage Christensen Defence A/S

Aage Christensen Defence A/S (CVR number: 26234344) is a company from KØBENHAVN. The company recorded a gross profit of 4478.2 kDKK in 2023. The operating profit was 2678.8 kDKK, while net earnings were 2021.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34.3 %, which can be considered excellent and Return on Equity (ROE) was 85.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Aage Christensen Defence A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit4 592.803 560.16990.052 732.124 478.21
EBIT3 040.571 518.25- 837.051 082.782 678.84
Net earnings2 352.61941.98- 592.59793.572 021.15
Shareholders equity total3 353.891 943.87851.281 644.853 066.00
Balance sheet total (assets)6 808.027 269.761 621.526 595.349 056.90
Net debt-3 545.54-1 239.2527.74-3 989.98378.22
Profitability
EBIT-%
ROA48.9 %21.6 %-16.4 %26.4 %34.3 %
ROE68.8 %35.6 %-42.4 %63.6 %85.8 %
ROI89.2 %57.0 %-48.0 %66.0 %77.2 %
Economic value added (EVA)2 193.641 012.83- 767.74789.131 974.63
Solvency
Equity ratio49.3 %26.7 %52.5 %24.9 %33.9 %
Gearing1.7 %23.9 %35.5 %53.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.42.11.31.5
Current ratio2.01.42.11.31.5
Cash and cash equivalents3 545.541 272.92176.084 573.811 263.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:34.3%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.9%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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