MICHAEL THYRRING ADVOKATANPARTSSELSKAB — Credit Rating and Financial Key Figures

CVR number: 29150699
Hjortestien 44, 2860 Søborg
mt@advokatthyrring.dk
tel: 61468627
www.advokatthyrring.dk

Company information

Official name
MICHAEL THYRRING ADVOKATANPARTSSELSKAB
Personnel
1 person
Established
2005
Company form
Private limited company
Industry

About MICHAEL THYRRING ADVOKATANPARTSSELSKAB

MICHAEL THYRRING ADVOKATANPARTSSELSKAB (CVR number: 29150699) is a company from GLADSAXE. The company reported a net sales of 0.2 mDKK in 2024, demonstrating a decline of -24.9 % compared to the previous year. The operating profit percentage was poor at -5 % (EBIT: -0 mDKK), while net earnings were 6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak and Return on Equity (ROE) was 2.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 94.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL THYRRING ADVOKATANPARTSSELSKAB's liquidity measured by quick ratio was 17.1 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales383.92293.26195.98236.27177.42
Gross profit288.93210.8491.32105.8980.67
EBIT213.33133.09-3.953.62-8.85
Net earnings218.23178.80-5.2713.616.04
Shareholders equity total189.97261.27269.77243.38245.41
Balance sheet total (assets)335.08298.64277.44270.61260.69
Net debt- 335.08- 298.64- 277.44- 270.61- 260.69
Profitability
EBIT-%55.6 %45.4 %-2.0 %1.5 %-5.0 %
ROA91.4 %27.6 %4.2 %5.0 %2.3 %
ROE199.6 %79.3 %-2.0 %5.3 %2.5 %
ROI199.6 %79.3 %-1.9 %5.3 %2.5 %
Economic value added (EVA)211.89123.54-17.08-9.94-21.08
Solvency
Equity ratio56.7 %87.5 %97.2 %89.9 %94.1 %
Gearing
Relative net indebtedness %-49.5 %-89.1 %-137.7 %-103.0 %-138.3 %
Liquidity
Quick ratio2.38.036.29.917.1
Current ratio2.38.036.29.917.1
Cash and cash equivalents335.08298.64277.44270.61260.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-1.3 %23.9 %137.7 %103.0 %138.3 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:2.27%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.1%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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