INGVARD CHRISTENSEN & SØNNER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About INGVARD CHRISTENSEN & SØNNER A/S
INGVARD CHRISTENSEN & SØNNER A/S (CVR number: 37186414) is a company from ESBJERG. The company recorded a gross profit of -24.2 kDKK in 2023. The operating profit was -24.2 kDKK, while net earnings were 2168.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.7 %, which can be considered excellent but Return on Equity (ROE) was 14.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 92.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. INGVARD CHRISTENSEN & SØNNER A/S's liquidity measured by quick ratio was 13.1 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -26.23 | -27.13 | -26.33 | -22.68 | -24.22 |
EBIT | - 127.20 | - 147.68 | - 146.33 | -82.68 | -24.22 |
Net earnings | 527.95 | 1 653.07 | - 524.72 | 1 088.31 | 2 168.74 |
Shareholders equity total | 11 876.90 | 13 129.97 | 12 549.25 | 13 637.56 | 15 747.40 |
Balance sheet total (assets) | 12 323.51 | 14 195.92 | 13 231.78 | 14 316.41 | 17 045.47 |
Net debt | -11 946.53 | -13 526.95 | -12 297.99 | -13 568.69 | -16 367.88 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.6 % | 16.0 % | 5.2 % | 8.9 % | 17.7 % |
ROE | 4.5 % | 13.2 % | -4.1 % | 8.3 % | 14.8 % |
ROI | 5.6 % | 16.3 % | 5.3 % | 8.9 % | 18.1 % |
Economic value added (EVA) | -98.05 | -92.67 | -71.15 | -53.43 | 10.50 |
Solvency | |||||
Equity ratio | 96.4 % | 92.5 % | 94.8 % | 95.3 % | 92.4 % |
Gearing | 3.2 % | 5.1 % | 5.2 % | 4.8 % | 4.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 27.6 | 13.3 | 19.4 | 21.1 | 13.1 |
Current ratio | 27.6 | 13.3 | 19.4 | 21.1 | 13.1 |
Cash and cash equivalents | 12 323.51 | 14 195.92 | 12 951.84 | 14 222.55 | 17 045.47 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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