SØREN CHRISTIANSEN FARVEHANDEL ApS — Credit Rating and Financial Key Figures

CVR number: 62100311
Hovedvejen 65, 2600 Glostrup
tel: 43960537

Company information

Official name
SØREN CHRISTIANSEN FARVEHANDEL ApS
Personnel
1 person
Established
1980
Company form
Private limited company
Industry

About SØREN CHRISTIANSEN FARVEHANDEL ApS

SØREN CHRISTIANSEN FARVEHANDEL ApS (CVR number: 62100311) is a company from GLOSTRUP. The company recorded a gross profit of -2.7 kDKK in 2023. The operating profit was -156.9 kDKK, while net earnings were 4414.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.4 %, which can be considered excellent but Return on Equity (ROE) was 10.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 90.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SØREN CHRISTIANSEN FARVEHANDEL ApS's liquidity measured by quick ratio was 13.8 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit79.4386.9260.1949.09-2.65
EBIT- 103.38-73.811 999.76- 110.39- 156.93
Net earnings- 270.698 031.761 665.18-85.334 414.23
Shareholders equity total32 959.5539 491.3141 156.4941 071.1745 485.39
Balance sheet total (assets)36 565.8745 352.6045 160.1344 880.6750 115.40
Net debt-30 178.32-39 080.52-36 726.57-36 383.12-42 013.09
Profitability
EBIT-%
ROA1.1 %26.9 %6.3 %8.6 %17.4 %
ROE-0.8 %22.2 %4.1 %-0.2 %10.2 %
ROI1.1 %29.5 %6.8 %9.1 %18.5 %
Economic value added (EVA)- 206.93- 195.011 526.08- 351.03- 357.42
Solvency
Equity ratio90.1 %87.1 %91.1 %91.5 %90.8 %
Gearing0.1 %0.1 %0.1 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio12.18.315.416.113.8
Current ratio12.18.315.416.113.8
Cash and cash equivalents30 222.5539 129.2236 777.2236 385.8042 013.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:17.4%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.8%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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