HORTEN ADVOKATPARTNERSELSKAB — Credit Rating and Financial Key Figures

CVR number: 33775229
Philip Heymans Alle 7, 2900 Hellerup
info@horten.dk
tel: 33344000
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Credit rating

Company information

Official name
HORTEN ADVOKATPARTNERSELSKAB
Personnel
265 persons
Established
2011
Industry

About HORTEN ADVOKATPARTNERSELSKAB

HORTEN ADVOKATPARTNERSELSKAB (CVR number: 33775229) is a company from GENTOFTE. The company reported a net sales of 401.1 mDKK in 2024, demonstrating a decline of -7.9 % compared to the previous year. The operating profit percentage was poor at -6.4 % (EBIT: -25.5 mDKK), while net earnings were -28.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -8.5 %, which can be considered poor and Return on Equity (ROE) was -48.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HORTEN ADVOKATPARTNERSELSKAB's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales452.45447.17435.71435.53401.10
Gross profit368.57354.04339.24334.48276.44
EBIT368.5713.911.597.81-25.50
Net earnings14.8112.88-1.003.65-28.64
Shareholders equity total81.1386.9278.6275.5843.25
Balance sheet total (assets)267.61285.67295.75247.03
Net debt49.3283.5087.2790.40
Profitability
EBIT-%81.5 %3.1 %0.4 %1.8 %-6.4 %
ROA5.2 %0.6 %3.1 %-8.5 %
ROE9.6 %7.7 %-1.2 %4.7 %-48.2 %
ROI9.7 %1.1 %5.6 %-15.7 %
Economic value added (EVA)364.879.84-2.164.06-29.10
Solvency
Equity ratio100.0 %49.4 %42.3 %39.3 %31.5 %
Gearing66.2 %106.2 %115.5 %209.0 %
Relative net indebtedness %38.6 %47.5 %50.6 %50.8 %
Liquidity
Quick ratio1.91.61.61.4
Current ratio1.91.61.61.4
Cash and cash equivalents8.25
Capital use efficiency
Trade debtors turnover (days)119.9141.8148.7163.0
Net working capital %26.2 %24.1 %23.0 %15.5 %
Credit risk
Credit ratingBBABBBABBB

Variable visualization

ROA:-8.55%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.5%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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