FINN MEJER CHRISTENSEN ApS — Credit Rating and Financial Key Figures

CVR number: 29192065
Gadekæret 10, 9830 Tårs
tel: 98958336
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Company information

Official name
FINN MEJER CHRISTENSEN ApS
Personnel
1 person
Established
2005
Company form
Private limited company
Industry

About FINN MEJER CHRISTENSEN ApS

FINN MEJER CHRISTENSEN ApS (CVR number: 29192065) is a company from HJØRRING. The company recorded a gross profit of 155.8 kDKK in 2023. The operating profit was -76 kDKK, while net earnings were -65.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -26.3 %, which can be considered poor and Return on Equity (ROE) was -72.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21 %, 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. FINN MEJER CHRISTENSEN ApS's liquidity measured by quick ratio was 1.3 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit381.87363.36354.59234.67155.84
EBIT-27.91-21.73-8.9665.04-76.01
Net earnings-23.73-18.72-7.1853.03-65.23
Shareholders equity total95.2976.5769.39122.4257.20
Balance sheet total (assets)304.23269.88236.47305.50271.85
Net debt125.0156.2538.99- 142.24- 153.72
Profitability
EBIT-%
ROA-8.9 %-7.5 %-3.5 %24.0 %-26.3 %
ROE-22.1 %-21.8 %-9.8 %55.3 %-72.6 %
ROI-13.5 %-10.7 %-5.0 %44.1 %-84.6 %
Economic value added (EVA)-24.76-21.72-8.2153.35-61.12
Solvency
Equity ratio31.3 %28.4 %29.3 %40.1 %21.0 %
Gearing131.6 %141.8 %148.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.41.41.71.3
Current ratio1.51.41.41.71.3
Cash and cash equivalents0.3752.2963.91142.24153.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-26.3%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.0%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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