Advokatanpartsselskabet Rieck Sørensen — Credit Rating and Financial Key Figures

CVR number: 41014156
Holte Stationsvej 6, 2840 Holte

Credit rating

Company information

Official name
Advokatanpartsselskabet Rieck Sørensen
Personnel
3 persons
Established
2019
Company form
Private limited company
Industry

About Advokatanpartsselskabet Rieck Sørensen

Advokatanpartsselskabet Rieck Sørensen (CVR number: 41014156) is a company from RUDERSDAL. The company recorded a gross profit of 3163.9 kDKK in 2023. The operating profit was 1054.1 kDKK, while net earnings were 1002.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak but Return on Equity (ROE) was 101.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 3.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Advokatanpartsselskabet Rieck Sørensen's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit2 225.442 407.673 184.493 163.92
EBIT529.80156.82335.201 054.15
Net earnings401.46112.07191.151 002.94
Shareholders equity total441.46440.53517.281 461.32
Balance sheet total (assets)91 233.8739 597.3162 032.8139 576.27
Net debt-90 120.47-38 643.51-61 099.68-38 889.82
Profitability
EBIT-%
ROA0.6 %0.3 %0.7 %2.6 %
ROE90.9 %25.4 %39.9 %101.4 %
ROI105.4 %33.2 %63.2 %127.4 %
Economic value added (EVA)407.054 619.732 172.913 859.95
Solvency
Equity ratio0.5 %1.1 %0.8 %3.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.01.01.01.0
Current ratio1.01.01.01.0
Cash and cash equivalents90 120.4738 643.5161 099.6838 889.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:2.60%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.69%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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