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

CVR number: 37120669
Resenvej 83, 7800 Skive
Free credit report Annual report

Credit rating

Company information

Official name
Advokathuset Funch & Nielsen Advokatpartnerselskab
Personnel
38 persons
Established
2015
Industry

About Advokathuset Funch & Nielsen Advokatpartnerselskab

Advokathuset Funch & Nielsen Advokatpartnerselskab (CVR number: 37120669) is a company from SKIVE. The company recorded a gross profit of 24.3 mDKK in 2024. The operating profit was 5375.3 kDKK, while net earnings were 5312.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 37.4 %, which can be considered excellent and Return on Equity (ROE) was 86.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.1 %, 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 1.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit16 019.4515 986.3321 032.4723 364.6224 259.10
EBIT2 161.781 802.865 195.515 247.005 375.34
Net earnings2 062.371 959.675 179.345 111.085 312.82
Shareholders equity total2 987.912 890.586 080.926 017.016 214.82
Balance sheet total (assets)15 873.1712 747.3614 195.4214 418.7614 761.26
Net debt4 686.194 347.391 880.211 919.56211.71
Profitability
EBIT-%
ROA13.9 %14.8 %40.1 %37.1 %37.4 %
ROE72.2 %66.7 %115.5 %84.5 %86.9 %
ROI24.7 %25.3 %62.4 %53.9 %57.4 %
Economic value added (EVA)1 800.121 415.994 830.954 741.214 891.95
Solvency
Equity ratio18.8 %22.7 %42.8 %41.7 %42.1 %
Gearing157.7 %151.0 %64.7 %59.0 %51.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.51.21.21.3
Current ratio0.80.51.21.21.3
Cash and cash equivalents24.8316.802 054.291 633.082 968.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:37.4%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.1%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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