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HORSTMANN ADVOKATER ADVOKATPARTNERSELSKAB — Credit Rating and Financial Key Figures

CVR number: 33771088
Sct. Mathias Gade 23 B, 8800 Viborg
adv@horstmann.dk
tel: 87274700
www.horstmann.dk
Free credit report Annual report

Credit rating

Company information

Official name
HORSTMANN ADVOKATER ADVOKATPARTNERSELSKAB
Personnel
5 persons
Established
2011
Industry

About HORSTMANN ADVOKATER ADVOKATPARTNERSELSKAB

HORSTMANN ADVOKATER ADVOKATPARTNERSELSKAB (CVR number: 33771088) is a company from VIBORG. The company recorded a gross profit of 6776.6 kDKK in 2025. The operating profit was 1265.6 kDKK, while net earnings were 1266.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.6 %, which can be considered excellent and Return on Equity (ROE) was 70.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HORSTMANN ADVOKATER ADVOKATPARTNERSELSKAB's liquidity measured by quick ratio was 1.6 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
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit8 102.918 120.827 126.897 481.496 776.57
EBIT1 680.061 580.001 239.081 296.361 265.63
Net earnings1 673.291 563.251 246.731 328.671 266.93
Shareholders equity total2 423.292 313.251 746.731 828.671 766.93
Balance sheet total (assets)4 364.484 596.594 319.734 915.444 386.32
Net debt-1 877.48-2 476.85-2 359.67-2 603.04-2 402.58
Profitability
EBIT-%
ROA39.7 %35.3 %28.1 %28.9 %27.6 %
ROE70.0 %66.0 %61.4 %74.3 %70.5 %
ROI69.8 %65.9 %61.2 %74.5 %71.4 %
Economic value added (EVA)1 561.581 458.231 122.841 208.591 173.74
Solvency
Equity ratio55.8 %50.6 %40.7 %37.2 %40.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.21.91.61.51.6
Current ratio2.11.91.61.51.6
Cash and cash equivalents1 877.482 476.852 359.672 603.042 402.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:27.6%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.3%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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