ME Advokatanpartsselskab — Credit Rating and Financial Key Figures

CVR number: 41468084
Cortex Park Vest 3, 5230 Odense M

Company information

Official name
ME Advokatanpartsselskab
Personnel
1 person
Established
2020
Company form
Private limited company
Industry

About ME Advokatanpartsselskab

ME Advokatanpartsselskab (CVR number: 41468084) is a company from ODENSE. The company recorded a gross profit of 511.8 kDKK in 2023. The operating profit was 458.4 kDKK, while net earnings were 1076.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.9 %, which can be considered excellent and Return on Equity (ROE) was 48.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.1 %, 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. ME Advokatanpartsselskab'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
2020
2021
2022
2023
Volume
Net sales
Gross profit2 880.99426.55593.31511.77
EBIT930.16399.81577.05458.45
Net earnings1 027.11621.89848.791 076.64
Shareholders equity total1 067.111 145.991 880.392 557.03
Balance sheet total (assets)4 384.473 963.644 188.954 052.03
Net debt323.24128.12- 248.34-1 058.00
Profitability
EBIT-%
ROA31.0 %19.9 %26.7 %30.9 %
ROE96.3 %56.2 %56.1 %48.5 %
ROI47.7 %30.2 %46.0 %53.6 %
Economic value added (EVA)721.10256.37408.73316.53
Solvency
Equity ratio24.3 %28.9 %44.9 %63.1 %
Gearing30.3 %14.3 %5.7 %1.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.41.73.4
Current ratio1.31.41.73.4
Cash and cash equivalents35.25355.731 090.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAA

Variable visualization

ROA:30.9%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.1%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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