VERNER MARINUS CHRISTENSEN. A/S. ESBJERG — Credit Rating and Financial Key Figures

CVR number: 31934613
Pinassen 36, 6710 Esbjerg V

Company information

Official name
VERNER MARINUS CHRISTENSEN. A/S. ESBJERG
Personnel
1 person
Established
1973
Company form
Limited company
Industry

About VERNER MARINUS CHRISTENSEN. A/S. ESBJERG

VERNER MARINUS CHRISTENSEN. A/S. ESBJERG (CVR number: 31934613) is a company from ESBJERG. The company recorded a gross profit of -97.8 kDKK in 2019. The operating profit was -353.1 kDKK, while net earnings were -1335.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak but Return on Equity (ROE) was -6.5 %, 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. VERNER MARINUS CHRISTENSEN. A/S. ESBJERG's liquidity measured by quick ratio was 5.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
Volume
Net sales
Gross profit-65.71- 122.81-58.65-97.85
EBIT- 260.36- 306.69- 531.92- 353.11
Net earnings1 781.96- 265.19- 772.73-1 335.67
Shareholders equity total25 780.3523 376.2021 629.7919 320.43
Balance sheet total (assets)25 884.9523 389.2022 194.1719 606.84
Net debt-1 083.80- 404.18- 156.22- 619.25
Profitability
EBIT-%
ROA9.0 %2.4 %0.8 %0.9 %
ROE6.9 %-1.1 %-3.4 %-6.5 %
ROI9.0 %2.4 %0.8 %1.0 %
Economic value added (EVA)- 202.76-1 483.19-1 567.77-1 354.45
Solvency
Equity ratio99.6 %99.9 %97.5 %98.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio11.946.81.75.5
Current ratio11.946.81.75.5
Cash and cash equivalents1 083.80404.18156.22619.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:0.94%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.5%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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