ADVOKATFIRMAET FRYD & NIELSEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ADVOKATFIRMAET FRYD & NIELSEN ApS
ADVOKATFIRMAET FRYD & NIELSEN ApS (CVR number: 16892238) is a company from AALBORG. The company recorded a gross profit of 988.9 kDKK in 2023. The operating profit was -145.1 kDKK, while net earnings were -146.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -31.3 %, which can be considered poor and Return on Equity (ROE) was -59.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -13.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ADVOKATFIRMAET FRYD & NIELSEN ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 641.55 | 1 402.56 | 1 318.41 | 1 189.07 | 988.95 |
EBIT | -52.51 | 189.48 | -88.98 | - 103.12 | - 145.08 |
Net earnings | -56.16 | 149.93 | -77.09 | -83.80 | - 146.86 |
Shareholders equity total | 91.38 | 241.31 | 164.22 | 80.42 | -66.44 |
Balance sheet total (assets) | 2 023.12 | 1 007.79 | 461.48 | 447.27 | 411.83 |
Net debt | -1 656.07 | - 540.58 | -83.38 | -7.49 | -22.24 |
Profitability | |||||
EBIT-% | |||||
ROA | -3.4 % | 12.5 % | -12.2 % | -22.6 % | -31.3 % |
ROE | -47.0 % | 90.1 % | -38.0 % | -68.5 % | -59.7 % |
ROI | -35.4 % | 100.1 % | -38.8 % | -72.3 % | -218.6 % |
Economic value added (EVA) | -18.93 | 231.22 | -58.32 | -86.11 | - 147.87 |
Solvency | |||||
Equity ratio | 4.5 % | 23.9 % | 35.6 % | 18.0 % | -13.9 % |
Gearing | 11.7 % | 9.3 % | 13.7 % | 21.7 % | -52.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.3 | 1.5 | 1.1 | 0.8 |
Current ratio | 1.0 | 1.3 | 1.5 | 1.1 | 0.8 |
Cash and cash equivalents | 1 666.76 | 563.01 | 105.82 | 24.95 | 56.84 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
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