ADVOKAT T.H. HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 36068434
Durupvej 79, 7870 Roslev

Company information

Official name
ADVOKAT T.H. HOLDING ApS
Established
2014
Company form
Private limited company
Industry

About ADVOKAT T.H. HOLDING ApS

ADVOKAT T.H. HOLDING ApS (CVR number: 36068434) is a company from SKIVE. The company reported a net sales of 2 mDKK in 2023, demonstrating a growth of 664.2 % compared to the previous year. The operating profit percentage was at 99.5 % (EBIT: 2 mDKK), while net earnings were 2143 kDKK. The profitability of the company measured by Return on Assets (ROA) was 55 %, which can be considered excellent and Return on Equity (ROE) was 56.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 95.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ADVOKAT T.H. HOLDING ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales359.17606.00536.37267.782 046.37
Gross profit352.56598.17528.19258.942 037.09
EBIT352.56598.17528.19258.942 037.09
Net earnings413.26816.52658.20293.632 143.03
Shareholders equity total1 259.791 965.712 510.912 747.344 831.47
Balance sheet total (assets)1 313.222 130.942 642.112 888.865 036.72
Net debt- 453.51- 845.47-1 217.37- 140.68-62.54
Profitability
EBIT-%98.2 %98.7 %98.5 %96.7 %99.5 %
ROA37.4 %51.0 %29.6 %11.5 %55.0 %
ROE37.3 %50.6 %29.4 %11.2 %56.6 %
ROI38.1 %53.0 %30.7 %11.7 %55.6 %
Economic value added (EVA)291.29492.61399.51122.601 867.74
Solvency
Equity ratio95.9 %92.2 %95.0 %95.1 %95.9 %
Gearing2.7 %2.8 %2.6 %4.1 %2.9 %
Relative net indebtedness %-120.9 %-121.3 %-214.6 %-42.2 %0.2 %
Liquidity
Quick ratio9.15.710.01.91.1
Current ratio9.15.710.01.91.1
Cash and cash equivalents487.79900.301 282.41254.48201.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %26.5 %9.6 %112.4 %-44.2 %-4.9 %
Credit risk
Credit ratingBBBAABBBA

Variable visualization

ROA:55.0%
Rating: 97/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.9%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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