ADVOKAT LARS BORRING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ADVOKAT LARS BORRING ApS
ADVOKAT LARS BORRING ApS (CVR number: 14337776) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 582.6 kDKK in 2024. The operating profit was -110 kDKK, while net earnings were -119.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.6 %, which can be considered poor and Return on Equity (ROE) was -29.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ADVOKAT LARS BORRING ApS's liquidity measured by quick ratio was 2.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 458.71 | 603.06 | 723.40 | 786.25 | 582.61 |
EBIT | 97.52 | 75.41 | 55.76 | 83.05 | - 110.05 |
Net earnings | 67.58 | 49.29 | 34.41 | 28.51 | - 119.71 |
Shareholders equity total | 357.14 | 406.43 | 440.84 | 469.35 | 349.65 |
Balance sheet total (assets) | 4 118.90 | 1 401.70 | 1 772.43 | 2 519.25 | 1 391.29 |
Net debt | -2 603.56 | - 299.42 | - 819.77 | -1 567.35 | - 509.58 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.1 % | 2.7 % | 3.5 % | 4.1 % | -5.6 % |
ROE | 20.9 % | 12.9 % | 8.1 % | 6.3 % | -29.2 % |
ROI | 11.2 % | 10.2 % | 8.7 % | 13.9 % | -19.8 % |
Economic value added (EVA) | 30.85 | 16.83 | 10.35 | 26.96 | - 144.05 |
Solvency | |||||
Equity ratio | 29.7 % | 39.6 % | 48.5 % | 45.2 % | 40.0 % |
Gearing | 132.6 % | 58.4 % | 44.5 % | 34.5 % | 37.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.8 | 2.2 | 3.7 | 4.4 | 2.6 |
Current ratio | 1.1 | 1.4 | 1.3 | 1.2 | 1.3 |
Cash and cash equivalents | 3 077.21 | 536.77 | 1 015.86 | 1 729.43 | 641.66 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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