Advokatfirmaet Werenberg ApS — Credit Rating and Financial Key Figures

CVR number: 40178767
Frederiksgade 17, 1265 København K
cw@werenbergadvokater.dk
tel: 22343570
www.werenbergadvokater.dk

Credit rating

Company information

Official name
Advokatfirmaet Werenberg ApS
Personnel
4 persons
Established
2019
Company form
Private limited company
Industry

About Advokatfirmaet Werenberg ApS

Advokatfirmaet Werenberg ApS (CVR number: 40178767) is a company from KØBENHAVN. The company recorded a gross profit of 3195.2 kDKK in 2023. The operating profit was 535.6 kDKK, while net earnings were 418.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17 %, which can be considered excellent and Return on Equity (ROE) was 20.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Advokatfirmaet Werenberg ApS's liquidity measured by quick ratio was 4.9 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 498.442 046.523 007.202 454.853 195.21
EBIT1 084.72725.72886.63210.61535.58
Net earnings831.10555.49674.67165.83418.48
Shareholders equity total881.101 330.991 902.661 970.992 089.47
Balance sheet total (assets)1 376.911 955.672 811.833 097.303 234.70
Net debt- 349.76- 342.59- 689.40-1 083.47-1 272.68
Profitability
EBIT-%
ROA78.8 %43.6 %37.2 %7.4 %17.0 %
ROE94.3 %50.2 %41.7 %8.6 %20.6 %
ROI101.1 %53.0 %45.0 %9.5 %22.6 %
Economic value added (EVA)843.96538.00630.15101.26373.08
Solvency
Equity ratio64.0 %68.1 %67.7 %63.6 %64.6 %
Gearing0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio4.56.85.24.34.9
Current ratio4.56.85.24.34.9
Cash and cash equivalents349.76342.66689.471 083.471 272.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:17.0%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.6%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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