Danders & More Advokatpartnerselskab — Credit Rating and Financial Key Figures

CVR number: 39117436
Frederiksgade 17, 1265 København K
tel: 33129515

Credit rating

Company information

Official name
Danders & More Advokatpartnerselskab
Personnel
13 persons
Established
2017
Industry
  • Expand more icon69Legal and accounting activities

About Danders & More Advokatpartnerselskab

Danders & More Advokatpartnerselskab (CVR number: 39117436) is a company from KØBENHAVN. The company recorded a gross profit of 16.4 mDKK in 2023. The operating profit was -1821 kDKK, while net earnings were -1807.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.9 %, which can be considered poor and Return on Equity (ROE) was -46.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 12.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Danders & More Advokatpartnerselskab's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit17 164.1119 458.0720 567.8915 904.3916 367.29
EBIT6 047.497 960.338 780.721 844.21-1 820.98
Net earnings5 857.817 912.228 690.161 807.37-1 807.37
Shareholders equity total7 357.8110 412.2212 190.166 307.371 500.00
Balance sheet total (assets)11 288.4117 360.3018 138.1613 743.9412 048.15
Net debt-1 503.91-3 925.16-3 253.49-5 955.10-2 085.82
Profitability
EBIT-%
ROA56.7 %56.2 %50.0 %11.8 %-11.9 %
ROE78.8 %89.1 %76.9 %19.5 %-46.3 %
ROI79.4 %86.5 %76.3 %20.2 %-38.7 %
Economic value added (EVA)5 852.857 724.178 512.451 454.06-1 777.86
Solvency
Equity ratio65.2 %60.0 %67.2 %45.9 %12.5 %
Gearing0.4 %0.2 %0.4 %1.4 %4.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.82.62.91.71.0
Current ratio2.82.62.91.71.0
Cash and cash equivalents1 533.003 948.483 300.966 040.402 158.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-11.9%
Rating: 8/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.5%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

Companies in the same industry

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