CHRISTENSEN & DUNCH HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 58760714
Parkvej 29, 4800 Nykøbing F
m@norrmann.dk

Credit rating

Company information

Official name
CHRISTENSEN & DUNCH HOLDING ApS
Established
1976
Company form
Private limited company
Industry

About CHRISTENSEN & DUNCH HOLDING ApS

CHRISTENSEN & DUNCH HOLDING ApS (CVR number: 58760714) is a company from GULDBORGSUND. The company recorded a gross profit of -5.6 kDKK in 2023. The operating profit was -5.6 kDKK, while net earnings were 83.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.5 %, which can be considered good but Return on Equity (ROE) was 6.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CHRISTENSEN & DUNCH HOLDING ApS's liquidity measured by quick ratio was 316.6 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 profit-26.44-14.03-16.59-10.26-5.57
EBIT-26.44-14.03-16.59-10.26-5.57
Net earnings-81.11173.30-15.51-86.0683.42
Shareholders equity total1 939.741 892.041 650.521 335.661 183.48
Balance sheet total (assets)1 945.991 919.151 655.401 339.411 187.23
Net debt-1 921.24-1 918.15-1 628.36-1 306.29-1 183.63
Profitability
EBIT-%
ROA-1.3 %11.5 %3.6 %-0.7 %8.5 %
ROE-3.9 %9.0 %-0.9 %-5.8 %6.6 %
ROI-1.3 %11.6 %3.7 %-0.7 %8.5 %
Economic value added (EVA)-19.44-11.87-11.81-9.21-5.82
Solvency
Equity ratio99.7 %98.6 %99.7 %99.7 %99.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio311.470.8339.2357.2316.6
Current ratio311.470.8339.2357.2316.6
Cash and cash equivalents1 921.241 918.151 628.361 306.291 183.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:8.47%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 95/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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