Mogens Damgaard Christensen Holding APS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Mogens Damgaard Christensen Holding APS
Mogens Damgaard Christensen Holding APS (CVR number: 40433104) is a company from AARHUS. The company recorded a gross profit of -5.7 kDKK in 2023. The operating profit was -5.7 kDKK, while net earnings were 162.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.7 %, which can be considered excellent and Return on Equity (ROE) was 28.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.2 %, 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. Mogens Damgaard Christensen Holding APS's liquidity measured by quick ratio was 1.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -5.30 | -1.41 | 0.00 | -5.69 | -5.68 |
EBIT | -5.30 | -1.41 | 0.00 | -5.69 | -5.68 |
Net earnings | 78.56 | 34.36 | 161.09 | 214.91 | 162.19 |
Shareholders equity total | 168.70 | 203.06 | 307.65 | 492.55 | 654.75 |
Balance sheet total (assets) | 172.20 | 206.56 | 965.08 | 904.81 | 1 020.10 |
Net debt | -10.40 | -58.90 | -25.14 | - 578.47 | - 392.73 |
Profitability | |||||
EBIT-% | |||||
ROA | 115.7 % | 18.2 % | 32.1 % | 28.6 % | 20.7 % |
ROE | 42.7 % | 18.5 % | 63.1 % | 53.7 % | 28.3 % |
ROI | 110.7 % | 17.4 % | 73.6 % | 66.9 % | 34.7 % |
Economic value added (EVA) | -3.72 | 8.10 | 6.28 | -2.64 | 18.57 |
Solvency | |||||
Equity ratio | 98.0 % | 98.3 % | 31.9 % | 54.4 % | 64.2 % |
Gearing | 14.8 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 17.3 | 17.0 | 1.2 | 1.5 | 1.1 |
Current ratio | 17.3 | 17.0 | 1.2 | 1.5 | 1.1 |
Cash and cash equivalents | 35.40 | 58.90 | 25.14 | 578.47 | 392.73 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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