ADVOKATFIRMAET MORTEN JOHANSEN ApS — Credit Rating and Financial Key Figures

CVR number: 17008935
Øster Farimagsgade 73, 2100 København Ø
dansetten@dansetten.dk
tel: 33323361

Credit rating

Company information

Official name
ADVOKATFIRMAET MORTEN JOHANSEN ApS
Personnel
1 person
Established
1993
Company form
Private limited company
Industry

About ADVOKATFIRMAET MORTEN JOHANSEN ApS

ADVOKATFIRMAET MORTEN JOHANSEN ApS (CVR number: 17008935) is a company from KØBENHAVN. The company recorded a gross profit of 307.4 kDKK in 2023. The operating profit was 22.9 kDKK, while net earnings were 17.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent and Return on Equity (ROE) was 6.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 72.1 %, 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 MORTEN JOHANSEN ApS'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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit269.37374.58332.98322.78307.45
EBIT105.79121.4828.3918.0822.89
Net earnings71.5786.4618.7212.3017.43
Shareholders equity total137.62224.08242.80255.10272.53
Balance sheet total (assets)300.57343.86369.07325.80377.83
Net debt51.88-82.05-69.39-90.54- 168.25
Profitability
EBIT-%
ROA29.6 %37.7 %8.0 %5.2 %6.5 %
ROE70.3 %47.8 %8.0 %4.9 %6.6 %
ROI35.4 %47.6 %9.9 %6.3 %8.2 %
Economic value added (EVA)87.1088.2816.818.1410.09
Solvency
Equity ratio45.8 %65.2 %65.8 %78.3 %72.1 %
Gearing74.8 %20.5 %26.1 %6.6 %4.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.82.72.84.43.4
Current ratio1.82.72.84.43.4
Cash and cash equivalents51.01128.04132.76107.49180.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:6.51%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.1%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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