HF Christiansen Holding A/S — Credit Rating and Financial Key Figures

CVR number: 41002115
Hvidemøllevej 9-11, 8920 Randers NV
tel: 89141445

Company information

Official name
HF Christiansen Holding A/S
Personnel
10 persons
Established
1948
Company form
Limited company
Industry

About HF Christiansen Holding A/S

HF Christiansen Holding A/S (CVR number: 41002115K) is a company from RANDERS. The company recorded a gross profit of 37.9 mDKK in 2023. The operating profit was 2518.6 kDKK, while net earnings were -13.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak but Return on Equity (ROE) was -15.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HF Christiansen Holding A/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales400 581.00
Gross profit33 892.0047 378.9270 310.0046 088.0037 918.49
EBIT4 654.0016 561.9234 164.009 204.002 518.64
Net earnings2 831.0012 850.1425 774.003 006.00-13 631.81
Shareholders equity total106 991.00111 077.25118 124.0094 050.9783 299.09
Balance sheet total (assets)228 244.00144 712.50240 249.00368 981.00399 055.16
Net debt106 099.0014 678.0865 959.00188 978.00272 218.72
Profitability
EBIT-%8.5 %
ROA4.0 %10.3 %18.4 %3.3 %1.0 %
ROE2.7 %11.8 %22.5 %2.8 %-15.4 %
ROI4.3 %11.2 %22.0 %4.2 %1.2 %
Economic value added (EVA)-1 891.737 548.0020 977.381 141.35-2 523.91
Solvency
Equity ratio46.9 %76.8 %49.2 %25.5 %20.9 %
Gearing100.1 %13.7 %56.5 %204.6 %327.5 %
Relative net indebtedness %30.2 %
Liquidity
Quick ratio0.61.80.70.20.1
Current ratio1.84.12.11.41.3
Cash and cash equivalents986.00524.00809.003 467.00561.49
Capital use efficiency
Trade debtors turnover (days)70.2
Net working capital %31.3 %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:1.03%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.9%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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