E. KOED CHRISTENSEN A/S — Credit Rating and Financial Key Figures

CVR number: 37607614
Lollandsvej 27, 5500 Middelfart
obs@ekc-gear.dk
tel: 64416166

Company information

Official name
E. KOED CHRISTENSEN A/S
Personnel
9 persons
Established
1972
Company form
Limited company
Industry

About E. KOED CHRISTENSEN A/S

E. KOED CHRISTENSEN A/S (CVR number: 37607614) is a company from MIDDELFART. The company recorded a gross profit of 6982.2 kDKK in 2023. The operating profit was 3164.1 kDKK, while net earnings were 2190.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.3 %, which can be considered excellent and Return on Equity (ROE) was 45.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. E. KOED CHRISTENSEN A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit4 015.003 960.004 095.005 605.626 982.16
EBIT1 321.001 183.001 373.002 107.783 164.06
Net earnings868.00789.001 035.001 498.082 190.28
Shareholders equity total1 494.002 284.003 119.004 016.715 606.99
Balance sheet total (assets)9 004.008 221.008 300.0013 020.7515 390.31
Net debt346.001 910.001 043.003 422.242 340.43
Profitability
EBIT-%
ROA16.4 %13.7 %17.3 %20.0 %22.3 %
ROE81.8 %41.8 %38.3 %42.0 %45.5 %
ROI38.3 %31.1 %32.7 %35.4 %37.3 %
Economic value added (EVA)898.74836.10909.171 480.392 273.67
Solvency
Equity ratio16.6 %27.8 %38.6 %34.2 %36.4 %
Gearing108.4 %87.3 %38.7 %91.6 %65.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.90.60.40.8
Current ratio1.51.81.71.51.7
Cash and cash equivalents1 274.0084.00165.00256.371 308.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:22.3%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.4%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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