KORTSEN ADVOKATER ApS — Credit Rating and Financial Key Figures

CVR number: 33245084
Farum Hovedgade 16, 3520 Farum
anja@kortsen.dk
tel: 44473757

Credit rating

Company information

Official name
KORTSEN ADVOKATER ApS
Personnel
3 persons
Established
2010
Company form
Private limited company
Industry

About KORTSEN ADVOKATER ApS

KORTSEN ADVOKATER ApS (CVR number: 33245084) is a company from FURESØ. The company recorded a gross profit of 1948 kDKK in 2023. The operating profit was 519.9 kDKK, while net earnings were 493.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good and Return on Equity (ROE) was 11.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 78.1 %, 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. KORTSEN ADVOKATER ApS's liquidity measured by quick ratio was 4.5 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 profit2 253.852 526.193 142.811 700.301 947.97
EBIT517.96969.611 055.17273.60519.87
Net earnings378.77680.96857.51199.87493.69
Shareholders equity total2 486.383 112.043 894.554 037.224 472.01
Balance sheet total (assets)3 607.314 748.745 085.434 684.755 729.59
Net debt- 689.78-1 962.95- 908.96- 933.33-1 373.80
Profitability
EBIT-%
ROA15.5 %23.2 %21.5 %6.0 %12.9 %
ROE16.3 %24.3 %24.5 %5.0 %11.6 %
ROI22.2 %34.0 %29.7 %7.3 %15.7 %
Economic value added (EVA)325.63597.32807.6544.23235.65
Solvency
Equity ratio68.9 %65.5 %76.6 %86.2 %78.1 %
Gearing0.5 %0.1 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio3.22.84.17.04.5
Current ratio3.22.84.17.04.5
Cash and cash equivalents703.101 962.95913.59933.401 373.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:12.9%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.1%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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