KAARE KRISTENSEN ADVOKATANPARTSSELSKAB — Credit Rating and Financial Key Figures

CVR number: 20099682
Silkeborgvej 37 A, 7400 Herning
tel: 97101225

Credit rating

Company information

Official name
KAARE KRISTENSEN ADVOKATANPARTSSELSKAB
Personnel
3 persons
Established
1997
Company form
Private limited company
Industry

About KAARE KRISTENSEN ADVOKATANPARTSSELSKAB

KAARE KRISTENSEN ADVOKATANPARTSSELSKAB (CVR number: 20099682) is a company from HERNING. The company recorded a gross profit of 1730.5 kDKK in 2024. The operating profit was 170.6 kDKK, while net earnings were 155.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.4 %, which can be considered good and Return on Equity (ROE) was 10.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 74.8 %, 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. KAARE KRISTENSEN ADVOKATANPARTSSELSKAB'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 458.782 129.621 747.011 801.231 730.46
EBIT229.28466.65490.10118.88170.59
Net earnings166.50382.91369.6596.14155.81
Shareholders equity total1 027.771 297.681 552.731 531.081 564.89
Balance sheet total (assets)1 741.941 853.201 881.902 127.622 091.69
Net debt-1 132.88-1 325.11-1 567.78-1 803.88-1 211.15
Profitability
EBIT-%
ROA13.7 %28.0 %26.2 %6.2 %9.4 %
ROE16.7 %32.9 %25.9 %6.2 %10.1 %
ROI22.9 %43.3 %34.4 %8.0 %12.9 %
Economic value added (EVA)173.49369.30383.5093.23147.06
Solvency
Equity ratio59.0 %70.0 %82.5 %72.0 %74.8 %
Gearing0.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.43.35.73.62.6
Current ratio2.43.35.73.62.6
Cash and cash equivalents1 133.101 325.111 567.781 803.881 211.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:9.45%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.8%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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