OVE CHRISTENSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 25128729
Nygade 3 D, 7400 Herning

Company information

Official name
OVE CHRISTENSEN HOLDING ApS
Established
2000
Company form
Private limited company
Industry

About OVE CHRISTENSEN HOLDING ApS

OVE CHRISTENSEN HOLDING ApS (CVR number: 25128729) is a company from HERNING. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a growth of 29.4 % compared to the previous year. The operating profit percentage was at 94.5 % (EBIT: 0.3 mDKK), while net earnings were 358.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.6 %, which can be considered good and Return on Equity (ROE) was 11.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. OVE CHRISTENSEN HOLDING ApS's liquidity measured by quick ratio was 201.5 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales334.35251.17432.94242.77314.18
Gross profit326.53242.47416.73226.62297.00
EBIT326.53242.47416.73226.62297.00
Net earnings427.78316.46499.1861.35358.23
Shareholders equity total2 530.612 736.473 122.653 069.613 310.04
Balance sheet total (assets)2 541.912 751.533 140.483 076.813 318.54
Net debt-1 202.61-1 411.06-1 592.07-1 519.79-1 668.47
Profitability
EBIT-%97.7 %96.5 %96.3 %93.3 %94.5 %
ROA19.1 %12.7 %17.7 %9.6 %11.6 %
ROE18.0 %12.0 %17.0 %2.0 %11.2 %
ROI19.2 %12.8 %17.8 %9.7 %11.6 %
Economic value added (EVA)359.96284.46457.17227.04346.47
Solvency
Equity ratio99.6 %99.5 %99.4 %99.8 %99.7 %
Gearing
Relative net indebtedness %-356.3 %-555.8 %-363.6 %-623.0 %-528.3 %
Liquidity
Quick ratio106.593.789.3220.2201.5
Current ratio106.593.789.3220.2201.5
Cash and cash equivalents1 202.611 411.061 592.071 519.791 668.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %56.0 %43.2 %46.8 %183.9 %160.9 %
Credit risk
Credit ratingBBBBBBABBBA

Variable visualization

ROA:11.6%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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