THERKEL CHRISTENSEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 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 earnings | 499.49 | 339.62 | 78.11 | -72.92 |
| Shareholders equity total | 11 331.75 | 11 468.01 | 11 337.44 | 11 051.51 |
| Balance sheet total (assets) | 11 401.76 | 11 510.75 | 11 355.02 | 11 072.84 |
| Net debt | -11 142.16 | -11 347.15 | -11 217.56 | -10 977.31 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | 5.6 % | 3.8 % | 2.0 % | 1.3 % |
| ROE | 4.4 % | 3.0 % | 0.7 % | -0.7 % |
| ROI | 5.7 % | 3.8 % | 2.0 % | 1.3 % |
| Economic value added (EVA) | -66.76 | -76.92 | -76.96 | -98.55 |
| Solvency | ||||
| Equity ratio | 99.4 % | 99.6 % | 99.8 % | 99.8 % |
| Gearing | ||||
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 162.9 | 269.3 | 646.0 | 519.2 |
| Current ratio | 162.9 | 269.3 | 646.0 | 519.2 |
| Cash and cash equivalents | 11 142.16 | 11 347.15 | 11 217.56 | 10 977.31 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | A | A | BBB | BBB |
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