ADVOKATFIRMAET TOVE NIELSEN ApS

CVR number: 15800674
Hovedvagtsgade 6, 1103 København K

Credit rating

Company information

Official name
ADVOKATFIRMAET TOVE NIELSEN ApS
Personnel
2 persons
Established
1991
Company form
Private limited company
Industry
  • Expand more icon69Legal and accounting activities

About ADVOKATFIRMAET TOVE NIELSEN ApS

ADVOKATFIRMAET TOVE NIELSEN ApS (CVR number: 15800674) is a company from KØBENHAVN. The company recorded a gross profit of 2279.6 kDKK in 2023. The operating profit was 411 kDKK, while net earnings were 319.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.6 %, which can be considered good but Return on Equity (ROE) was 19.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ADVOKATFIRMAET TOVE NIELSEN ApS's liquidity measured by quick ratio was 1.5 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
20192020202120222023
Volume
Net sales
Gross profit2 552.042 891.722 642.081 967.912 279.61
EBIT110.2648.55336.66-74.29411.03
Net earnings73.4423.93246.11-73.87319.28
Shareholders equity total1 677.241 590.571 723.681 535.411 736.89
Balance sheet total (assets)3 599.164 540.223 629.365 002.244 670.55
Net debt-1 301.55-2 188.36-1 283.18-2 761.27-2 281.36
Profitability
EBIT-%
ROA3.1 %1.2 %8.2 %-1.7 %8.6 %
ROE4.3 %1.5 %14.9 %-4.5 %19.5 %
ROI6.3 %2.8 %19.6 %-4.4 %24.6 %
Economic value added (EVA)42.0214.78287.79-83.92379.98
Solvency
Equity ratio60.6 %39.3 %55.5 %30.7 %37.2 %
Gearing5.4 %3.9 %3.2 %3.7 %3.1 %
Relative net indebtedness %
Liquidity
Quick ratio3.11.82.51.41.5
Current ratio1.71.51.81.41.5
Cash and cash equivalents1 392.532 250.741 337.732 818.402 335.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:8.60%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.2%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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