THERKEL CHRISTENSEN A/S — Credit Rating and Financial Key Figures

CVR number: 29712018
Fritz Sybergs Vej 7, 8270 Højbjerg
tel: 86270008
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Credit rating

Company information

Official name
THERKEL CHRISTENSEN A/S
Personnel
1 person
Established
1962
Company form
Limited company
Industry

About THERKEL CHRISTENSEN A/S

THERKEL CHRISTENSEN A/S (CVR number: 29712018) is a company from AARHUS. The company recorded a gross profit of -20.6 kDKK in 2019. The operating profit was -92.6 kDKK, while net earnings were -72.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak but Return on Equity (ROE) was -0.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. THERKEL CHRISTENSEN A/S's liquidity measured by quick ratio was 519.2 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-13.58-14.84-19.07-20.61
EBIT-85.58-86.84-91.07-92.61
Net earnings499.49339.6278.11-72.92
Shareholders equity total11 331.7511 468.0111 337.4411 051.51
Balance sheet total (assets)11 401.7611 510.7511 355.0211 072.84
Net debt-11 142.16-11 347.15-11 217.56-10 977.31
Profitability
EBIT-%
ROA5.6 %3.8 %2.0 %1.3 %
ROE4.4 %3.0 %0.7 %-0.7 %
ROI5.7 %3.8 %2.0 %1.3 %
Economic value added (EVA)-66.76-76.92-76.96-98.55
Solvency
Equity ratio99.4 %99.6 %99.8 %99.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio162.9269.3646.0519.2
Current ratio162.9269.3646.0519.2
Cash and cash equivalents11 142.1611 347.1511 217.5610 977.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBB

Variable visualization

ROA:1.33%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 97/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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