ML Christensen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ML Christensen Holding ApS
ML Christensen Holding ApS (CVR number: 38131699) is a company from AABENRAA. The company recorded a gross profit of -8.8 kDKK in 2023. The operating profit was -43.5 kDKK, while net earnings were -69.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.7 %, which can be considered poor and Return on Equity (ROE) was -19.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 89.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ML Christensen Holding ApS's liquidity measured by quick ratio was 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 7.32 | 379.98 | 357.37 | 284.78 | -8.80 |
EBIT | -0.68 | 261.32 | 63.50 | -23.12 | -43.48 |
Net earnings | -1.16 | 207.48 | 171.51 | -62.96 | -69.23 |
Shareholders equity total | 181.03 | 325.45 | 496.96 | 384.00 | 315.04 |
Balance sheet total (assets) | 181.03 | 1 900.39 | 1 044.68 | 446.33 | 353.66 |
Net debt | - 139.05 | - 789.30 | - 380.28 | -99.98 | -5.78 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.4 % | 26.2 % | 13.2 % | -5.3 % | -18.7 % |
ROE | -0.7 % | 81.9 % | 41.7 % | -14.3 % | -19.8 % |
ROI | -0.4 % | 95.5 % | 34.2 % | -7.0 % | -21.3 % |
Economic value added (EVA) | -0.79 | 203.44 | 76.73 | -13.82 | -44.17 |
Solvency | |||||
Equity ratio | 100.0 % | 17.1 % | 47.6 % | 86.0 % | 89.1 % |
Gearing | 19.5 % | 31.5 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.7 | 3.6 | 5.0 | |
Current ratio | 1.2 | 1.7 | 3.6 | 5.0 | |
Cash and cash equivalents | 139.05 | 852.83 | 536.96 | 99.98 | 5.78 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BBB |
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