Advokathuset Funch & Nielsen Advokatpartnerselskab — Credit Rating and Financial Key Figures

CVR number: 37120669
Resenvej 83, 7800 Skive

Credit rating

Company information

Official name
Advokathuset Funch & Nielsen Advokatpartnerselskab
Personnel
36 persons
Established
2015
Industry
  • Expand more icon69Legal and accounting activities

About Advokathuset Funch & Nielsen Advokatpartnerselskab

Advokathuset Funch & Nielsen Advokatpartnerselskab (CVR number: 37120669) is a company from SKIVE. The company recorded a gross profit of 23.4 mDKK in 2023. The operating profit was 5247 kDKK, while net earnings were 5111.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 37.1 %, which can be considered excellent and Return on Equity (ROE) was 84.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Advokathuset Funch & Nielsen 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit14 873.3116 019.4515 986.3321 032.4723 364.62
EBIT1 949.782 161.781 802.865 195.515 247.00
Net earnings1 807.672 062.371 959.675 179.345 111.08
Shareholders equity total2 727.532 987.912 890.586 080.926 017.01
Balance sheet total (assets)15 591.5515 873.1712 747.3614 195.4214 418.76
Net debt3 751.274 686.194 347.391 880.211 919.56
Profitability
EBIT-%
ROA12.4 %13.9 %14.8 %40.1 %37.1 %
ROE60.4 %72.2 %66.7 %115.5 %84.5 %
ROI19.5 %24.7 %25.3 %62.4 %53.9 %
Economic value added (EVA)1 563.691 857.201 468.164 898.464 866.33
Solvency
Equity ratio17.5 %18.8 %22.7 %42.8 %41.7 %
Gearing163.9 %157.7 %151.0 %64.7 %59.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.80.51.21.2
Current ratio0.60.80.51.21.2
Cash and cash equivalents718.4424.8316.802 054.291 633.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:37.1%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.7%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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