HANS OLE CHRISTENSEN ApS — Credit Rating and Financial Key Figures

CVR number: 20197870
Drejervej 12, 4370 Store Merløse
tel: 57801895

Company information

Official name
HANS OLE CHRISTENSEN ApS
Personnel
12 persons
Established
1997
Company form
Private limited company
Industry

About HANS OLE CHRISTENSEN ApS

HANS OLE CHRISTENSEN ApS (CVR number: 20197870) is a company from HOLBÆK. The company recorded a gross profit of 8403.2 kDKK in 2024. The operating profit was 928.1 kDKK, while net earnings were 299.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent but Return on Equity (ROE) was 16.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 10 %, 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. HANS OLE CHRISTENSEN ApS's liquidity measured by quick ratio was 0.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit7 241.006 748.005 562.006 577.588 403.17
EBIT-1 102.001 072.00249.00862.97928.14
Net earnings-1 237.00590.0011.00403.77299.31
Shareholders equity total390.001 280.001 291.001 694.431 993.75
Balance sheet total (assets)12 929.0013 180.0010 790.0013 147.2120 025.62
Net debt1 978.001 125.001 388.001 036.742 451.73
Profitability
EBIT-%
ROA-7.4 %8.2 %2.1 %7.2 %5.6 %
ROE-122.7 %70.7 %0.9 %27.0 %16.2 %
ROI-9.5 %10.5 %2.7 %9.4 %6.8 %
Economic value added (EVA)-1 006.52960.03131.19616.83677.87
Solvency
Equity ratio3.0 %9.7 %12.0 %12.9 %10.0 %
Gearing586.2 %145.1 %139.0 %121.0 %123.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.70.60.60.4
Current ratio0.30.70.60.70.4
Cash and cash equivalents308.00732.00407.001 013.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBAA

Variable visualization

ROA:5.60%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:9.96%
Rating: 10/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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