Advokatselskabet af 1. maj 2018 A/S — Credit Rating and Financial Key Figures

CVR number: 15200308
Jernbanegade 22 A, 8400 Ebeltoft

Company information

Official name
Advokatselskabet af 1. maj 2018 A/S
Established
1991
Company form
Limited company
Industry

About Advokatselskabet af 1. maj 2018 A/S

Advokatselskabet af 1. maj 2018 A/S (CVR number: 15200308) is a company from SYDDJURS. The company recorded a gross profit of 4511.8 kDKK in 2018. The operating profit was 2563.2 kDKK, while net earnings were 2009.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 62.5 %, which can be considered excellent and Return on Equity (ROE) was 111 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.3 %, 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. Advokatselskabet af 1. maj 2018 A/S's liquidity measured by quick ratio was 3.4 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
2016
2017
2018
Volume
Net sales
Gross profit6 866.705 811.054 511.84
EBIT1 150.3792.732 563.18
Net earnings810.10-4.232 009.29
Shareholders equity total1 310.10805.872 815.17
Balance sheet total (assets)4 183.314 324.284 007.11
Net debt359.151 593.86-93.75
Profitability
EBIT-%
ROA27.8 %2.2 %62.5 %
ROE61.8 %-0.4 %111.0 %
ROI49.3 %3.5 %88.2 %
Economic value added (EVA)891.2427.171 957.55
Solvency
Equity ratio31.3 %18.6 %70.3 %
Gearing27.8 %198.1 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.53.4
Current ratio1.81.53.4
Cash and cash equivalents5.462.3694.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBB

Variable visualization

ROA:62.5%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.3%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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