DLA Piper Denmark Advokatpartnerselskab
Credit rating
Company information
About DLA Piper Denmark Advokatpartnerselskab
DLA Piper Denmark Advokatpartnerselskab (CVR number: 35209352) is a company from KØBENHAVN. The company reported a net sales of 665 mDKK in 2023, demonstrating a growth of 0 % compared to the previous year. The operating profit percentage was at 1.8 % (EBIT: 12 mDKK), while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, 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 21.3 %, 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. DLA Piper Denmark Advokatpartnerselskab's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 546.23 | 542.78 | 605.46 | 664.73 | 665.01 |
Gross profit | 438.55 | 441.97 | 514.00 | 553.43 | 535.73 |
EBIT | 1.16 | 8.78 | 3.98 | 4.82 | 11.98 |
Net earnings | |||||
Shareholders equity total | 108.00 | 102.00 | 102.00 | 106.00 | 104.00 |
Balance sheet total (assets) | 472.15 | 505.13 | 565.83 | 573.26 | 535.43 |
Net debt | - 100.48 | 294.88 | 250.40 | ||
Profitability | |||||
EBIT-% | 0.2 % | 1.6 % | 0.7 % | 0.7 % | 1.8 % |
ROA | 0.2 % | 1.8 % | 0.7 % | 0.8 % | 2.5 % |
ROE | |||||
ROI | 0.2 % | 1.8 % | 0.7 % | 0.9 % | 3.1 % |
Economic value added (EVA) | -4.17 | 3.35 | -1.15 | 4.74 | 10.30 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 20.5 % | 21.3 % |
Gearing | 346.6 % | 309.1 % | |||
Relative net indebtedness % | -16.6 % | 58.6 % | 53.1 % | ||
Liquidity | |||||
Quick ratio | 1.2 | 1.2 | |||
Current ratio | 1.2 | 1.2 | |||
Cash and cash equivalents | 100.48 | 72.47 | 71.04 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 130.2 | 114.4 | |||
Net working capital % | 16.6 % | 13.5 % | 13.9 % | ||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BBB |
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