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

CVR number: 35239340
Storstrømsvej 2, 6715 Esbjerg N

Company information

Official name
INGVARD CHRISTENSEN A/S
Personnel
66 persons
Established
2013
Company form
Limited company
Industry

About INGVARD CHRISTENSEN A/S

INGVARD CHRISTENSEN A/S (CVR number: 35239340) is a company from ESBJERG. The company recorded a gross profit of 40.5 mDKK in 2022. The operating profit was 2325.4 kDKK, while net earnings were 3009.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, 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 81.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit35 188.9746 623.3159 783.8560 418.6340 529.47
EBIT9 151.7815 913.2321 317.4618 902.962 325.41
Net earnings8 135.9212 959.6517 826.3616 544.653 009.26
Shareholders equity total66 433.8479 393.4997 219.85113 764.49116 773.76
Balance sheet total (assets)110 415.52135 885.52154 582.26169 736.17147 900.02
Net debt14 255.486 161.382 441.7711 741.16-5 395.23
Profitability
EBIT-%
ROA10.2 %13.6 %15.7 %13.0 %2.4 %
ROE13.0 %17.8 %20.2 %15.7 %2.6 %
ROI13.4 %19.2 %23.3 %18.5 %3.2 %
Economic value added (EVA)4 731.689 958.7013 922.3510 460.57-3 321.20
Solvency
Equity ratio62.6 %61.8 %67.4 %70.9 %81.6 %
Gearing22.6 %16.9 %5.0 %10.5 %1.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.60.60.50.8
Current ratio1.91.82.02.33.3
Cash and cash equivalents728.097 245.212 423.34188.226 869.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:2.44%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.6%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member

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