Bech-Bruun Advokatpartnerselskab — Credit Rating and Financial Key Figures
Credit rating
Company information
About Bech-Bruun Advokatpartnerselskab
Bech-Bruun Advokatpartnerselskab (CVR number: 38538071) is a company from KØBENHAVN. The company reported a net sales of 1094.2 mDKK in 2023, demonstrating a growth of 17.2 % compared to the previous year. The operating profit percentage was at 4.5 % (EBIT: 49.1 mDKK), while net earnings were 44.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.5 %, which can be considered decent but Return on Equity (ROE) was 30.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.5 %, 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. Bech-Bruun 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 829.96 | 852.86 | 968.53 | 933.73 | 1 094.18 |
Gross profit | 695.19 | 723.79 | 813.00 | 788.12 | 939.76 |
EBIT | 19.73 | 21.88 | 22.17 | 23.00 | 49.07 |
Net earnings | 19.59 | 20.04 | 26.71 | 22.68 | 44.21 |
Shareholders equity total | 160.85 | 138.40 | 136.51 | 132.28 | 154.41 |
Balance sheet total (assets) | 620.92 | 656.90 | 649.12 | 647.17 | 752.86 |
Net debt | 278.75 | 242.00 | 312.40 | 353.26 | 327.86 |
Profitability | |||||
EBIT-% | 2.4 % | 2.6 % | 2.3 % | 2.5 % | 4.5 % |
ROA | 3.6 % | 3.6 % | 4.6 % | 4.1 % | 7.5 % |
ROE | 12.3 % | 13.4 % | 19.4 % | 16.9 % | 30.8 % |
ROI | 4.7 % | 4.6 % | 5.7 % | 5.1 % | 9.9 % |
Economic value added (EVA) | 21.15 | 21.24 | 26.09 | 24.16 | 48.27 |
Solvency | |||||
Equity ratio | 25.9 % | 21.1 % | 21.1 % | 20.4 % | 20.5 % |
Gearing | 198.7 % | 253.7 % | 273.6 % | 280.6 % | 250.1 % |
Relative net indebtedness % | 50.2 % | 47.7 % | 45.3 % | 52.3 % | 49.0 % |
Liquidity | |||||
Quick ratio | 1.5 | 1.4 | 1.4 | 1.3 | 1.3 |
Current ratio | 1.5 | 1.4 | 1.3 | 1.3 | 1.3 |
Cash and cash equivalents | 40.92 | 109.11 | 61.05 | 17.90 | 58.31 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 165.2 | 128.6 | 128.3 | 139.2 | 118.9 |
Net working capital % | 23.0 % | 22.2 % | 16.9 % | 15.3 % | 14.4 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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