KARIN CHRISTENSEN ApS — Credit Rating and Financial Key Figures

CVR number: 57157119
Hunderupvej 71, 5230 Odense M

Company information

Official name
KARIN CHRISTENSEN ApS
Personnel
1 person
Established
1976
Company form
Private limited company
Industry

About KARIN CHRISTENSEN ApS

KARIN CHRISTENSEN ApS (CVR number: 57157119) is a company from ODENSE. The company recorded a gross profit of -43.1 kDKK in 2022. The operating profit was -123.4 kDKK, while net earnings were -184 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.8 %, which can be considered poor and Return on Equity (ROE) was -7.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KARIN CHRISTENSEN ApS's liquidity measured by quick ratio was 130.4 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit-52.90-47.95-35.01-44.08-43.13
EBIT- 222.90- 157.81- 113.01- 128.58- 123.40
Net earnings- 714.41230.34550.20- 129.13- 183.98
Shareholders equity total2 558.002 763.343 283.533 124.401 940.42
Balance sheet total (assets)2 579.802 788.013 312.023 151.311 955.42
Net debt-2 338.66-2 654.29-3 130.70-3 049.77-1 948.59
Profitability
EBIT-%
ROA-23.6 %11.3 %17.0 %-1.0 %-3.8 %
ROE-24.1 %8.7 %18.2 %-4.0 %-7.3 %
ROI-24.0 %11.4 %17.1 %-1.1 %-3.8 %
Economic value added (EVA)- 231.70- 134.10- 128.84-98.97- 127.15
Solvency
Equity ratio99.2 %99.1 %99.1 %99.1 %99.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio111.9108.9112.8113.4130.4
Current ratio111.9108.9112.8113.4130.4
Cash and cash equivalents2 338.662 654.293 130.703 049.771 948.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBB

Variable visualization

ROA:-3.77%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.2%
Rating: 88/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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