CHRISTIAN F. HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CHRISTIAN F. HOLDING A/S
CHRISTIAN F. HOLDING A/S (CVR number: 31176832) is a company from HORSENS. The company recorded a gross profit of -1381.9 kDKK in 2023. The operating profit was -1381.9 kDKK, while net earnings were 35.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 98.4 %, which can be considered excellent and Return on Equity (ROE) was 107 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CHRISTIAN F. HOLDING A/S's liquidity measured by quick ratio was 37.7 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 | -5.86 | -11.61 | -7.77 | -10.50 | -1 381.92 |
EBIT | -5.86 | -11.61 | -7.77 | -10.50 | -1 381.92 |
Net earnings | 2 401.59 | 5 711.83 | 2 775.75 | 4 662.60 | 35 848.77 |
Shareholders equity total | 7 534.79 | 10 946.61 | 13 665.86 | 18 063.47 | 48 962.24 |
Balance sheet total (assets) | 11 363.03 | 13 610.13 | 15 218.71 | 24 107.45 | 49 684.06 |
Net debt | 2 620.10 | 2 248.49 | 952.96 | 4 503.06 | -23 554.12 |
Profitability | |||||
EBIT-% | |||||
ROA | 24.0 % | 46.1 % | 19.7 % | 24.7 % | 98.4 % |
ROE | 37.0 % | 61.8 % | 22.6 % | 29.4 % | 107.0 % |
ROI | 25.5 % | 48.5 % | 20.3 % | 26.0 % | 101.4 % |
Economic value added (EVA) | 144.22 | 34.13 | 413.26 | 317.64 | - 248.26 |
Solvency | |||||
Equity ratio | 66.3 % | 80.4 % | 89.8 % | 74.9 % | 98.5 % |
Gearing | 34.9 % | 21.0 % | 8.1 % | 25.1 % | 0.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 0.3 | 0.7 | 0.3 | 37.7 |
Current ratio | 1.1 | 0.3 | 0.7 | 0.3 | 37.7 |
Cash and cash equivalents | 11.53 | 47.30 | 152.01 | 27.13 | 23 567.94 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | AA | AA | A |
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