Christen Købkes Gade 16 ApS — Credit Rating and Financial Key Figures

CVR number: 40334157
Klibovænget 6, 8963 Auning

Company information

Official name
Christen Købkes Gade 16 ApS
Established
2019
Company form
Private limited company
Industry

About Christen Købkes Gade 16 ApS

Christen Købkes Gade 16 ApS (CVR number: 40334157) is a company from NORDDJURS. The company recorded a gross profit of 375 kDKK in 2023. The operating profit was 259.7 kDKK, while net earnings were 74.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak but Return on Equity (ROE) was 55.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 1.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Christen Købkes Gade 16 ApS's liquidity measured by quick ratio was 0 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 sales
Gross profit253.71335.88364.06385.77374.97
EBIT167.26220.62248.81270.51259.72
Net earnings33.7031.4363.5282.7774.21
Shareholders equity total83.70115.13178.65136.42130.63
Balance sheet total (assets)9 178.838 956.898 816.198 704.008 635.11
Net debt9 101.868 581.908 434.208 326.468 204.04
Profitability
EBIT-%
ROA1.8 %2.4 %2.8 %3.1 %3.0 %
ROE40.3 %31.6 %43.2 %52.5 %55.6 %
ROI1.8 %2.4 %2.8 %3.1 %3.0 %
Economic value added (EVA)130.46- 113.06-82.18-56.30-46.28
Solvency
Equity ratio0.9 %1.3 %2.0 %1.6 %1.5 %
Gearing11023.9 %7505.0 %4725.7 %6129.3 %6341.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.00.00.0
Current ratio0.10.00.00.00.0
Cash and cash equivalents124.8558.598.4835.3079.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.00%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:1.52%
Rating: 2/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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