Advokat Niels Magnussen ApS — Credit Rating and Financial Key Figures

CVR number: 29979081
Hunderupvej 71, 5230 Odense M

Credit rating

Company information

Official name
Advokat Niels Magnussen ApS
Personnel
1 person
Established
2006
Company form
Private limited company
Industry

About Advokat Niels Magnussen ApS

Advokat Niels Magnussen ApS (CVR number: 29979081) is a company from ODENSE. The company recorded a gross profit of 408.9 kDKK in 2023. The operating profit was -66.8 kDKK, while net earnings were -52.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.8 %, which can be considered poor and Return on Equity (ROE) was -9.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.8 %, 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. Advokat Niels Magnussen ApS's liquidity measured by quick ratio was 3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit480.00500.00605.00557.00408.89
EBIT-18.0022.0099.0082.00-66.84
Net earnings24.007.0074.0061.00-52.75
Shareholders equity total762.00659.00620.00566.00513.05
Balance sheet total (assets)2 481.002 176.00780.00764.00745.22
Net debt-1 770.00-1 440.00- 154.00-86.00- 220.43
Profitability
EBIT-%
ROA2.0 %0.9 %6.7 %10.6 %-8.8 %
ROE3.0 %1.0 %11.6 %10.3 %-9.8 %
ROI4.1 %2.8 %13.9 %12.1 %-10.8 %
Economic value added (EVA)-27.9067.76117.1840.71-76.37
Solvency
Equity ratio30.7 %30.3 %79.5 %74.1 %68.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.21.25.54.23.0
Current ratio1.21.25.54.23.0
Cash and cash equivalents1 770.001 440.00154.0086.00220.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-8.81%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.8%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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