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

CVR number: 37607614
Fynsvej 60, 5500 Middelfart
obs@ekc-gear.dk
tel: 64416166
Free credit report Annual report

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 5286.1 kDKK in 2024. The operating profit was 1255.5 kDKK, while net earnings were 686.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.2 %, which can be considered good and Return on Equity (ROE) was 11.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 43.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. E. KOED CHRISTENSEN A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit3 960.004 095.005 605.626 982.165 286.09
EBIT1 183.001 373.002 107.783 164.061 255.54
Net earnings789.001 035.001 498.082 190.28686.46
Shareholders equity total2 284.003 119.004 016.715 606.996 093.45
Balance sheet total (assets)8 221.008 300.0013 020.7515 390.3113 942.55
Net debt1 910.001 043.003 422.242 340.433 303.81
Profitability
EBIT-%
ROA13.7 %17.3 %20.0 %22.3 %8.2 %
ROE41.8 %38.3 %42.0 %45.5 %11.7 %
ROI31.1 %32.7 %35.4 %37.3 %12.8 %
Economic value added (EVA)760.07854.501 410.242 074.95476.86
Solvency
Equity ratio27.8 %38.6 %34.2 %36.4 %43.7 %
Gearing87.3 %38.7 %91.6 %65.1 %56.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.60.40.80.6
Current ratio1.81.71.51.71.7
Cash and cash equivalents84.00165.00256.371 308.06105.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:8.21%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.7%
Rating: 36/100
-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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