ADVOKATANPARTSSELSKABET BECH-SØRENSEN HOLDING — Credit Rating and Financial Key Figures
Credit rating
Company information
About ADVOKATANPARTSSELSKABET BECH-SØRENSEN HOLDING
ADVOKATANPARTSSELSKABET BECH-SØRENSEN HOLDING (CVR number: 31432294) is a company from HJØRRING. The company reported a net sales of 0.7 mDKK in 2023, demonstrating a growth of 20.2 % compared to the previous year. The operating profit percentage was at 99 % (EBIT: 0.7 mDKK), while net earnings were 850.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.4 %, which can be considered excellent and Return on Equity (ROE) was 24.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ADVOKATANPARTSSELSKABET BECH-SØRENSEN HOLDING's liquidity measured by quick ratio was 616.3 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 247.82 | 605.21 | 458.31 | 590.69 | 710.10 |
Gross profit | 241.34 | 598.56 | 450.24 | 583.91 | 703.13 |
EBIT | 241.34 | 598.56 | 450.24 | 583.91 | 703.13 |
Net earnings | 286.40 | 609.00 | 556.44 | 440.92 | 850.69 |
Shareholders equity total | 2 023.38 | 2 457.37 | 2 838.81 | 3 129.72 | 3 830.41 |
Balance sheet total (assets) | 2 035.90 | 2 461.12 | 2 859.36 | 3 133.47 | 3 834.16 |
Net debt | -1 016.43 | - 939.96 | -1 569.46 | -1 872.66 | -2 276.68 |
Profitability | |||||
EBIT-% | 97.4 % | 98.9 % | 98.2 % | 98.9 % | 99.0 % |
ROA | 15.0 % | 27.2 % | 22.1 % | 22.6 % | 24.4 % |
ROE | 14.5 % | 27.2 % | 21.0 % | 14.8 % | 24.4 % |
ROI | 15.0 % | 27.3 % | 22.2 % | 22.7 % | 24.4 % |
Economic value added (EVA) | 245.83 | 600.63 | 446.39 | 598.06 | 727.02 |
Solvency | |||||
Equity ratio | 99.4 % | 99.8 % | 99.3 % | 99.9 % | 99.9 % |
Gearing | |||||
Relative net indebtedness % | -405.1 % | -154.7 % | -338.0 % | -316.4 % | -320.1 % |
Liquidity | |||||
Quick ratio | 87.0 | 253.0 | 76.8 | 509.7 | 616.3 |
Current ratio | 87.0 | 253.0 | 76.8 | 509.7 | 616.3 |
Cash and cash equivalents | 1 016.43 | 939.96 | 1 569.46 | 1 872.66 | 2 276.68 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 242.6 % | 54.6 % | 73.0 % | 71.0 % | 100.7 % |
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | A |
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