INGVARD CHRISTENSEN A/S — Credit Rating and Financial Key Figures

INGVARD CHRISTENSEN A/S (CVR number: 35239340K) is a company from ESBJERG. The company recorded a gross profit of 43.9 mDKK in 2022. The operating profit was 4440 kDKK, while net earnings were 3009.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak and Return on Equity (ROE) was 2.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 65.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. INGVARD 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.