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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 -39.7 kDKK in 2024. The operating profit was -39.7 kDKK, while net earnings were -1725 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak but Return on Equity (ROE) was -11.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 94.9 %, 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 19.5 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 | -27.13 | -26.33 | -22.68 | -24.22 | -39.69 |
| EBIT | - 147.68 | - 146.33 | -82.68 | -24.22 | -39.69 |
| Net earnings | 1 653.07 | - 524.72 | 1 088.31 | 2 168.74 | -1 725.04 |
| Shareholders equity total | 13 129.97 | 12 549.25 | 13 637.56 | 15 747.40 | 13 961.37 |
| Balance sheet total (assets) | 14 195.92 | 13 231.78 | 14 316.41 | 17 045.47 | 14 714.35 |
| Net debt | -13 526.95 | -12 297.99 | -13 568.69 | -16 367.88 | -13 853.38 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 16.0 % | 5.2 % | 8.9 % | 17.7 % | 3.7 % |
| ROE | 13.2 % | -4.1 % | 8.3 % | 14.8 % | -11.6 % |
| ROI | 16.3 % | 5.3 % | 8.9 % | 18.1 % | 3.7 % |
| Economic value added (EVA) | - 730.87 | - 818.11 | - 737.12 | - 737.03 | - 865.05 |
| Solvency | |||||
| Equity ratio | 92.5 % | 94.8 % | 95.3 % | 92.4 % | 94.9 % |
| Gearing | 5.1 % | 5.2 % | 4.8 % | 4.3 % | 5.2 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 13.3 | 19.4 | 21.1 | 13.1 | 19.5 |
| Current ratio | 13.3 | 19.4 | 21.1 | 13.1 | 19.5 |
| Cash and cash equivalents | 14 195.92 | 12 951.84 | 14 222.55 | 17 045.47 | 14 575.50 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | AA | AA | AAA | AA | AA |
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