KØBMAND AAGE CHRISTENSENS LEGAT
Credit rating
Company information
About KØBMAND AAGE CHRISTENSENS LEGAT
KØBMAND AAGE CHRISTENSENS LEGAT (CVR number: 53554210) is a company from KERTEMINDE. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a decline of 0 % compared to the previous year. The operating profit percentage was at 33.7 % (EBIT: 0.2 mDKK), while net earnings were 161.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent and Return on Equity (ROE) was 6.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 73.2 %, 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. KØBMAND AAGE CHRISTENSENS LEGAT's liquidity measured by quick ratio was 2.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 533.67 | 536.25 | 536.25 | 536.25 | 536.25 |
Gross profit | 129.09 | 300.22 | 251.43 | 222.11 | 264.65 |
EBIT | -1.04 | 165.32 | 152.85 | 152.71 | 180.69 |
Net earnings | -25.80 | 143.07 | 130.84 | 130.06 | 161.28 |
Shareholders equity total | 1 925.84 | 2 033.91 | 2 144.75 | 2 254.81 | 2 416.09 |
Balance sheet total (assets) | 3 122.46 | 3 199.14 | 3 172.19 | 3 251.72 | 3 300.40 |
Net debt | 814.40 | 680.34 | 620.82 | 412.20 | 343.86 |
Profitability | |||||
EBIT-% | -0.2 % | 30.8 % | 28.5 % | 28.5 % | 33.7 % |
ROA | -0.0 % | 5.3 % | 4.9 % | 4.8 % | 5.5 % |
ROE | -1.3 % | 7.2 % | 6.3 % | 5.9 % | 6.9 % |
ROI | -0.0 % | 5.8 % | 5.3 % | 5.1 % | 5.8 % |
Economic value added (EVA) | - 146.18 | 30.88 | 18.87 | 16.03 | 48.99 |
Solvency | |||||
Equity ratio | 61.7 % | 63.6 % | 67.6 % | 69.3 % | 73.2 % |
Gearing | 48.8 % | 43.8 % | 39.2 % | 35.3 % | 31.0 % |
Relative net indebtedness % | 200.6 % | 178.1 % | 150.5 % | 114.4 % | 89.3 % |
Liquidity | |||||
Quick ratio | 0.5 | 0.8 | 1.2 | 1.6 | 2.5 |
Current ratio | 0.5 | 0.8 | 1.2 | 1.6 | 2.5 |
Cash and cash equivalents | 126.23 | 210.34 | 220.22 | 383.23 | 405.28 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -27.5 % | -10.1 % | 7.9 % | 26.0 % | 50.6 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BBB |
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