INGVALD CHRISTENSEN A/S, MASKINFABRIK

CVR number: 28483678
Landbrugsvej 10 E, Hjallese 5260 Odense S

Credit rating

Company information

Official name
INGVALD CHRISTENSEN A/S, MASKINFABRIK
Personnel
9 persons
Established
2005
Domicile
Hjallese
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About INGVALD CHRISTENSEN A/S, MASKINFABRIK

INGVALD CHRISTENSEN A/S, MASKINFABRIK (CVR number: 28483678) is a company from ODENSE. The company recorded a gross profit of 6769.3 kDKK in 2023. The operating profit was 735.2 kDKK, while net earnings were 573.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good and Return on Equity (ROE) was 11.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 68.4 %, 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. INGVALD CHRISTENSEN A/S, MASKINFABRIK's liquidity measured by quick ratio was 2.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit6 900.538 322.447 689.107 980.646 769.26
EBIT1 259.722 228.281 673.091 907.34735.19
Net earnings988.381 744.511 303.451 483.64573.34
Shareholders equity total4 591.525 436.025 239.475 423.124 516.46
Balance sheet total (assets)8 211.9210 664.049 219.898 224.777 862.46
Net debt-1 185.98-1 433.68-1 826.06-1 371.87- 378.88
Profitability
EBIT-%
ROA17.0 %23.9 %17.0 %22.0 %9.2 %
ROE22.7 %34.8 %24.4 %27.8 %11.5 %
ROI29.4 %44.9 %31.7 %36.0 %14.9 %
Economic value added (EVA)881.861 566.461 104.191 313.31369.52
Solvency
Equity ratio59.5 %54.3 %67.5 %68.8 %68.4 %
Gearing0.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.72.41.92.4
Current ratio2.22.02.22.82.3
Cash and cash equivalents1 189.181 433.681 826.061 371.87378.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:9.20%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.4%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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