ABSALON advokat-A/S — Credit Rating and Financial Key Figures

CVR number: 31880890
Mosevej 10, 2840 Holte
bvr@absalon.pro
tel: 21387101

Credit rating

Company information

Official name
ABSALON advokat-A/S
Personnel
1 person
Established
2008
Company form
Limited company
Industry

About ABSALON advokat-A/S

ABSALON advokat-A/S (CVR number: 31880890) is a company from RUDERSDAL. The company reported a net sales of 0.7 mDKK in 2023, demonstrating a growth of 91.1 % compared to the previous year. The operating profit percentage was at 17.1 % (EBIT: 0.1 mDKK), while net earnings were 106.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent and Return on Equity (ROE) was 7.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 86.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ABSALON advokat-A/S's liquidity measured by quick ratio was 7.6 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales896.14702.74896.63342.08653.68
Gross profit764.37636.78826.14283.26574.09
EBIT243.7793.38306.51-81.25111.96
Net earnings193.4671.49237.31-84.73106.27
Shareholders equity total1 136.981 208.471 445.781 311.061 367.26
Balance sheet total (assets)1 538.811 710.971 776.821 649.091 575.08
Net debt- 234.0658.804.45- 119.34-33.83
Profitability
EBIT-%27.2 %13.3 %34.2 %-23.8 %17.1 %
ROA17.1 %5.7 %17.6 %-4.7 %7.0 %
ROE18.6 %6.1 %17.9 %-6.1 %7.9 %
ROI23.5 %7.6 %21.5 %-5.6 %8.1 %
Economic value added (EVA)178.3627.07180.48- 149.9349.28
Solvency
Equity ratio73.9 %70.6 %81.4 %79.5 %86.8 %
Gearing9.6 %5.8 %6.1 %2.3 %
Relative net indebtedness %18.7 %63.4 %28.1 %40.5 %21.8 %
Liquidity
Quick ratio3.83.45.44.97.6
Current ratio3.83.45.44.97.6
Cash and cash equivalents234.0657.2678.93199.3465.03
Capital use efficiency
Trade debtors turnover (days)183.1191.7227.9231.1
Net working capital %126.9 %172.0 %161.2 %383.3 %209.2 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.03%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.8%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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