D. CHRISTENSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28304323
Blichersvej 8, 9320 Hjallerup
dan.christ@stofanet.dk

Company information

Official name
D. CHRISTENSEN HOLDING ApS
Established
2004
Company form
Private limited company
Industry

About D. CHRISTENSEN HOLDING ApS

D. CHRISTENSEN HOLDING ApS (CVR number: 28304323) is a company from Brønderslev. The company recorded a gross profit of 43.5 kDKK in 2023. The operating profit was 43.5 kDKK, while net earnings were 294.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 43 %, which can be considered excellent and Return on Equity (ROE) was 62.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -18.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. D. CHRISTENSEN HOLDING ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit79.9563.0439.6544.7343.50
EBIT79.9563.0439.6544.7343.50
Net earnings39.20131.08261.7247.96294.55
Shareholders equity total- 868.93- 737.85- 476.13- 428.17- 133.62
Balance sheet total (assets)261.43273.59391.50360.61584.93
Net debt1 062.66959.92839.53747.52609.03
Profitability
EBIT-%
ROA7.4 %16.2 %31.6 %9.6 %43.0 %
ROE13.5 %49.0 %78.7 %12.8 %62.3 %
ROI7.5 %16.5 %32.2 %9.7 %43.7 %
Economic value added (EVA)140.05113.2589.5188.3376.87
Solvency
Equity ratio-76.9 %-73.0 %-54.9 %-54.3 %-18.6 %
Gearing-123.7 %-134.0 %-179.6 %-181.7 %-529.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.00.20.1
Current ratio0.10.00.00.20.1
Cash and cash equivalents12.0929.1615.8230.2598.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:43.0%
Rating: 91/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-18.6%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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