HB Advokatanpartsselskab — Credit Rating and Financial Key Figures

CVR number: 42100722
Albanigade 30, 5000 Odense C

Credit rating

Company information

Official name
HB Advokatanpartsselskab
Established
2020
Company form
Private limited company
Industry

About HB Advokatanpartsselskab

HB Advokatanpartsselskab (CVR number: 42100722) is a company from ODENSE. The company recorded a gross profit of -17.5 kDKK in 2023. The operating profit was -17.5 kDKK, while net earnings were 151.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.7 %, which can be considered good and Return on Equity (ROE) was 11.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HB Advokatanpartsselskab's liquidity measured by quick ratio was 20.3 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
2020
2021
2022
2023
Volume
Net sales
Gross profit-8.04-9.12-9.29-17.48
EBIT-8.04-9.12-9.29-17.48
Net earnings148.49110.85325.10151.73
Shareholders equity total1 125.511 123.371 334.071 242.04
Balance sheet total (assets)1 135.871 128.371 345.941 256.04
Net debt- 192.10- 127.99-10.95- 284.09
Profitability
EBIT-%
ROA13.2 %9.9 %26.3 %11.7 %
ROE13.2 %9.9 %26.5 %11.8 %
ROI13.3 %10.0 %26.5 %11.8 %
Economic value added (EVA)-8.04-13.43-20.66-33.52
Solvency
Equity ratio99.1 %99.6 %99.1 %98.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio27.826.89.920.3
Current ratio27.826.89.920.3
Cash and cash equivalents192.10127.9910.95284.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:11.7%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.9%
Rating: 83/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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