Thor G. Christensen Holding ApS — Credit Rating and Financial Key Figures

CVR number: 42528137
Kastbjergvej 15, Hedegård 8585 Glesborg
thor@carlofchristensen.dk
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Company information

Official name
Thor G. Christensen Holding ApS
Established
2021
Domicile
Hedegård
Company form
Private limited company
Industry

About Thor G. Christensen Holding ApS

Thor G. Christensen Holding ApS (CVR number: 42528137) is a company from NORDDJURS. The company reported a net sales of 0.7 mDKK in 2024, demonstrating a decline of -55.1 % compared to the previous year. The operating profit percentage was at 97.1 % (EBIT: 0.6 mDKK), while net earnings were 604.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.4 %, which can be considered good but Return on Equity (ROE) was 20.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Thor G. Christensen Holding ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales675.67804.031 464.94657.59
Gross profit660.67779.941 446.75638.68
EBIT660.67779.941 446.75638.68
Net earnings591.18724.841 434.77604.44
Shareholders equity total631.181 298.822 674.693 157.13
Balance sheet total (assets)2 766.613 039.384 044.974 912.40
Net debt277.15373.06370.23-44.09
Profitability
EBIT-%97.8 %97.0 %98.8 %97.1 %
ROA23.9 %26.9 %40.9 %14.4 %
ROE93.7 %75.1 %72.2 %20.7 %
ROI24.0 %27.0 %46.4 %20.1 %
Economic value added (EVA)660.67727.331 387.31493.50
Solvency
Equity ratio22.8 %42.7 %66.1 %64.3 %
Gearing65.9 %37.7 %20.1 %0.7 %
Relative net indebtedness %295.5 %202.0 %82.1 %256.9 %
Liquidity
Quick ratio0.30.20.51.2
Current ratio0.30.20.51.2
Cash and cash equivalents138.61116.14167.5365.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-43.2 %-48.3 %-24.3 %11.7 %
Credit risk
Credit ratingAAAA

Variable visualization

ROA:14.4%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.3%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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