E. CHRISTENSEN OG SØN ApS — Credit Rating and Financial Key Figures

CVR number: 14373993
Åtoftevej 2, Stend-Krogag 7200 Grindsted
lars@erlingtransport.dk

Credit rating

Company information

Official name
E. CHRISTENSEN OG SØN ApS
Personnel
18 persons
Established
1990
Domicile
Stend-Krogag
Company form
Private limited company
Industry
  • Expand more icon49Land transport and transport via pipelines

About E. CHRISTENSEN OG SØN ApS

E. CHRISTENSEN OG SØN ApS (CVR number: 14373993) is a company from BILLUND. The company recorded a gross profit of 17.6 mDKK in 2023. The operating profit was 2466.3 kDKK, while net earnings were 1906.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good but Return on Equity (ROE) was 19.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. E. CHRISTENSEN OG SØN ApS's liquidity measured by quick ratio was 1.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit15 180.1414 751.0114 733.0015 808.5617 599.57
EBIT1 733.001 181.881 649.731 788.252 466.32
Net earnings1 306.16833.451 223.351 347.571 906.79
Shareholders equity total11 924.9211 258.379 481.729 829.2910 073.16
Balance sheet total (assets)22 513.9523 405.7218 466.4920 066.0920 814.85
Net debt-4 036.97-3 667.46-2 974.80-4 965.70-3 044.13
Profitability
EBIT-%
ROA8.5 %5.4 %8.0 %9.5 %12.9 %
ROE11.1 %7.2 %11.8 %14.0 %19.2 %
ROI10.6 %6.8 %10.5 %12.5 %17.3 %
Economic value added (EVA)958.77509.79912.521 085.501 692.65
Solvency
Equity ratio53.0 %48.1 %51.3 %49.0 %48.4 %
Gearing0.3 %0.1 %0.2 %0.1 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.12.01.61.61.2
Current ratio2.12.01.61.61.2
Cash and cash equivalents4 067.383 677.972 997.774 973.613 060.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:12.9%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.4%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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