LØNBERG & LETH CHRISTENSEN ADVOKATAKTIESELSKAB — Credit Rating and Financial Key Figures
Credit rating
Company information
About LØNBERG & LETH CHRISTENSEN ADVOKATAKTIESELSKAB
LØNBERG & LETH CHRISTENSEN ADVOKATAKTIESELSKAB (CVR number: 27508383) is a company from KØBENHAVN. The company recorded a gross profit of 610.6 kDKK in 2023. The operating profit was -0.4 kDKK, while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.8 %, 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. LØNBERG & LETH CHRISTENSEN ADVOKATAKTIESELSKAB's liquidity measured by quick ratio was 2.8 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 315.13 | 1 789.28 | 1 885.77 | 969.96 | 610.63 |
EBIT | 83.06 | 57.33 | 634.89 | 122.40 | -0.37 |
Net earnings | 46.38 | 29.97 | 484.78 | 69.65 | |
Shareholders equity total | 2 657.12 | 1 487.09 | 1 971.87 | 1 540.02 | 1 479.02 |
Balance sheet total (assets) | 3 652.69 | 3 207.05 | 2 867.14 | 2 088.91 | 2 032.77 |
Net debt | -1 488.27 | - 999.30 | -1 089.22 | - 628.33 | - 447.44 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.1 % | 1.7 % | 21.1 % | 5.0 % | 0.1 % |
ROE | 1.8 % | 1.4 % | 28.0 % | 4.0 % | |
ROI | 3.2 % | 2.7 % | 34.9 % | 6.6 % | 0.1 % |
Economic value added (EVA) | -74.38 | -26.09 | 470.70 | 31.34 | -46.18 |
Solvency | |||||
Equity ratio | 72.7 % | 46.4 % | 68.8 % | 73.7 % | 72.8 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.3 | 1.1 | 2.3 | 2.7 | 2.8 |
Current ratio | 2.3 | 1.1 | 2.3 | 2.7 | 2.8 |
Cash and cash equivalents | 1 488.27 | 999.30 | 1 089.22 | 628.33 | 447.44 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | A | BBB |
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