THORVALD CHRISTENSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 21785032
Møllebakken 25, 9550 Mariager
tel: 98541932

Company information

Official name
THORVALD CHRISTENSEN HOLDING ApS
Personnel
4 persons
Established
1999
Company form
Private limited company
Industry

About THORVALD CHRISTENSEN HOLDING ApS

THORVALD CHRISTENSEN HOLDING ApS (CVR number: 21785032) is a company from MARIAGERFJORD. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a growth of 343.6 % compared to the previous year. The operating profit percentage was at 44.1 % (EBIT: 0.1 mDKK), while net earnings were 4756.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.6 %, which can be considered excellent and Return on Equity (ROE) was 19 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. THORVALD CHRISTENSEN HOLDING ApS's liquidity measured by quick ratio was 7.3 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 sales982.61-2 678.89220.9445.73202.83
Gross profit964.233 531.31169.801 881.36103.28
EBIT964.233 531.31157.271 617.4389.35
Net earnings908.313 944.282 825.032 241.564 756.90
Shareholders equity total15 390.4219 224.0921 936.1224 177.6825 934.58
Balance sheet total (assets)16 337.4221 434.1324 636.1926 951.1929 297.18
Net debt-2 672.31-16 046.02-19 105.49-20 860.00-23 063.06
Profitability
EBIT-%98.1 %71.2 %3537.3 %44.1 %
ROA7.7 %24.0 %17.7 %11.1 %21.6 %
ROE6.3 %22.8 %13.7 %9.7 %19.0 %
ROI7.9 %26.2 %19.8 %12.5 %24.2 %
Economic value added (EVA)1 240.403 513.47174.241 306.1289.20
Solvency
Equity ratio94.2 %89.7 %89.0 %89.7 %88.5 %
Gearing0.0 %
Relative net indebtedness %-175.6 %516.5 %-7425.8 %-39557.4 %-9713.8 %
Liquidity
Quick ratio5.17.97.68.07.3
Current ratio5.17.97.68.07.3
Cash and cash equivalents2 672.3116 046.0219 105.4920 860.0023 063.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %168.0 %-280.2 %-419.9 %1420.2 %-498.6 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:21.6%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.5%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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