MAY CHRISTENSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31591805
Kvottrupvej 85, Kvottrup 8471 Sabro

Company information

Official name
MAY CHRISTENSEN HOLDING ApS
Established
2008
Domicile
Kvottrup
Company form
Private limited company
Industry

About MAY CHRISTENSEN HOLDING ApS

MAY CHRISTENSEN HOLDING ApS (CVR number: 31591805) is a company from AARHUS. The company reported a net sales of 0.8 mDKK in 2023, demonstrating a growth of 55.9 % compared to the previous year. The operating profit percentage was at 98.7 % (EBIT: 0.7 mDKK), while net earnings were 743.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.9 %, which can be considered excellent and Return on Equity (ROE) was 29.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 84.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MAY CHRISTENSEN HOLDING ApS's liquidity measured by quick ratio was 3.6 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 sales400.00375.00510.00483.00753.05
Gross profit391.00366.00501.00474.00743.30
EBIT391.00366.00501.00474.00743.30
Net earnings392.00361.00494.00465.00743.80
Shareholders equity total1 198.001 449.001 829.002 180.002 806.23
Balance sheet total (assets)1 366.001 622.002 055.002 273.003 322.61
Net debt- 277.00- 470.00- 601.00- 893.00-1 265.46
Profitability
EBIT-%97.8 %97.6 %98.2 %98.1 %98.7 %
ROA32.9 %24.5 %27.3 %21.9 %26.9 %
ROE37.3 %27.3 %30.1 %23.2 %29.8 %
ROI34.7 %26.3 %29.0 %23.0 %28.0 %
Economic value added (EVA)343.56305.35428.13379.49635.40
Solvency
Equity ratio87.7 %89.3 %89.0 %95.9 %84.5 %
Gearing5.8 %4.3 %6.2 %14.5 %
Relative net indebtedness %-44.8 %-95.7 %-95.7 %-165.6 %-153.3 %
Liquidity
Quick ratio2.73.73.811.83.6
Current ratio2.73.73.811.83.6
Cash and cash equivalents347.00532.00714.00893.001 671.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %73.0 %124.5 %125.1 %208.3 %180.5 %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:26.9%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.5%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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