J. J. CHRISTENSEN HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About J. J. CHRISTENSEN HOLDING A/S
J. J. CHRISTENSEN HOLDING A/S (CVR number: 27356443) is a company from MIDDELFART. The company recorded a gross profit of -67.5 kDKK in 2019. The operating profit was -67.5 kDKK, while net earnings were -813.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak but Return on Equity (ROE) was -5.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. J. J. CHRISTENSEN HOLDING A/S's liquidity measured by quick ratio was 27.2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | -81.89 | - 147.76 | -67.68 | -67.46 |
| EBIT | -81.89 | - 147.76 | -67.68 | -67.46 |
| Net earnings | 1 440.31 | 898.05 | - 179.97 | - 813.47 |
| Shareholders equity total | 15 738.35 | 16 586.40 | 16 356.43 | 15 492.96 |
| Balance sheet total (assets) | 15 914.42 | 16 742.72 | 16 623.12 | 15 735.07 |
| Net debt | -6 476.93 | -6 046.50 | -6 837.49 | -6 132.82 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | 10.8 % | 7.3 % | 8.2 % | 3.9 % |
| ROE | 9.2 % | 5.6 % | -1.1 % | -5.1 % |
| ROI | 10.8 % | 7.4 % | 8.3 % | 3.9 % |
| Economic value added (EVA) | -57.15 | - 419.65 | - 400.81 | - 414.28 |
| Solvency | ||||
| Equity ratio | 98.9 % | 99.1 % | 98.4 % | 98.5 % |
| Gearing | 0.7 % | 0.6 % | 1.3 % | |
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 38.0 | 40.5 | 27.7 | 27.2 |
| Current ratio | 38.0 | 40.5 | 27.7 | 27.2 |
| Cash and cash equivalents | 6 594.66 | 6 142.81 | 7 044.18 | 6 132.82 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | A | A | A | A |
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