INGVARD CHRISTENSEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 35 188.97 | 46 623.31 | 59 783.85 | 60 418.63 | 40 529.47 |
EBIT | 9 151.78 | 15 913.23 | 21 317.46 | 18 902.96 | 2 325.41 |
Net earnings | 8 135.92 | 12 959.65 | 17 826.36 | 16 544.65 | 3 009.26 |
Shareholders equity total | 66 433.84 | 79 393.49 | 97 219.85 | 113 764.49 | 116 773.76 |
Balance sheet total (assets) | 110 415.52 | 135 885.52 | 154 582.26 | 169 736.17 | 147 900.02 |
Net debt | 14 255.48 | 6 161.38 | 2 441.77 | 11 741.16 | -5 395.23 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.2 % | 13.6 % | 15.7 % | 13.0 % | 2.4 % |
ROE | 13.0 % | 17.8 % | 20.2 % | 15.7 % | 2.6 % |
ROI | 13.4 % | 19.2 % | 23.3 % | 18.5 % | 3.2 % |
Economic value added (EVA) | 4 731.68 | 9 958.70 | 13 922.35 | 10 460.57 | -3 321.20 |
Solvency | |||||
Equity ratio | 62.6 % | 61.8 % | 67.4 % | 70.9 % | 81.6 % |
Gearing | 22.6 % | 16.9 % | 5.0 % | 10.5 % | 1.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.6 | 0.6 | 0.5 | 0.8 |
Current ratio | 1.9 | 1.8 | 2.0 | 2.3 | 3.3 |
Cash and cash equivalents | 728.09 | 7 245.21 | 2 423.34 | 188.22 | 6 869.82 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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