KARSTEN CHRISTENSEN HOLDING FREDERICIA ApS — Credit Rating and Financial Key Figures

CVR number: 30829581
Rødtjørnevej 27, 7000 Fredericia

Company information

Official name
KARSTEN CHRISTENSEN HOLDING FREDERICIA ApS
Personnel
1 person
Established
2007
Company form
Private limited company
Industry

About KARSTEN CHRISTENSEN HOLDING FREDERICIA ApS

KARSTEN CHRISTENSEN HOLDING FREDERICIA ApS (CVR number: 30829581K) is a company from FREDERICIA. The company reported a net sales of 189.3 mDKK in 2023, demonstrating a growth of 0.7 % compared to the previous year. The operating profit percentage was at 1 % (EBIT: 2 mDKK), while net earnings were 2444 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent and Return on Equity (ROE) was 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 62.8 %, 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. KARSTEN CHRISTENSEN HOLDING FREDERICIA ApS's liquidity measured by quick ratio was 1.2 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales371.83367.64168.12187.96189.34
Gross profit40.6056.6017.1519.4317.56
EBIT7.4423.401.032.561.97
Net earnings5.7112.597.790.072.44
Shareholders equity total38.3355.8448.6548.2946.78
Balance sheet total (assets)74.7288.9870.2272.7174.53
Net debt18.79-18.03-16.97-6.16-1.98
Profitability
EBIT-%2.0 %6.4 %0.6 %1.4 %1.0 %
ROA10.4 %28.9 %12.5 %4.1 %5.3 %
ROE21.2 %36.5 %18.2 %0.2 %5.6 %
ROI12.6 %37.4 %15.7 %4.6 %5.8 %
Economic value added (EVA)4.2214.81-0.531.190.82
Solvency
Equity ratio51.3 %62.8 %69.3 %66.4 %62.8 %
Gearing56.8 %16.6 %25.6 %38.8 %44.9 %
Relative net indebtedness %8.8 %1.6 %-4.7 %-0.2 %2.5 %
Liquidity
Quick ratio0.51.61.81.61.2
Current ratio1.92.82.92.72.3
Cash and cash equivalents3.0027.2929.4324.8922.99
Capital use efficiency
Trade debtors turnover (days)7.712.77.515.57.8
Net working capital %6.3 %11.9 %9.8 %15.0 %13.3 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:5.28%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.8%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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