ADVOINVEST ADVOKATANPARTSSELSKAB — Credit Rating and Financial Key Figures

CVR number: 31499178
Helga Pedersens Gade 27, 8000 Aarhus C

Company information

Official name
ADVOINVEST ADVOKATANPARTSSELSKAB
Established
2008
Company form
Private limited company
Industry

About ADVOINVEST ADVOKATANPARTSSELSKAB

ADVOINVEST ADVOKATANPARTSSELSKAB (CVR number: 31499178) is a company from AARHUS. The company reported a net sales of 0.7 mDKK in 2023, demonstrating a decline of -49.3 % compared to the previous year. The operating profit percentage was at 99 % (EBIT: 0.7 mDKK), while net earnings were 715 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.4 %, which can be considered excellent and Return on Equity (ROE) was 18.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 96.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ADVOINVEST ADVOKATANPARTSSELSKAB's liquidity measured by quick ratio was 22.1 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales762.001 092.001 226.001 335.00676.50
Gross profit758.001 089.001 222.001 329.00670.00
EBIT758.001 089.001 222.001 329.00670.00
Net earnings788.001 128.001 255.001 360.00714.98
Shareholders equity total2 837.003 807.003 461.003 801.004 026.52
Balance sheet total (assets)3 013.004 191.004 741.004 163.004 165.89
Net debt-13.00- 619.00-90.00- 311.00- 127.77
Profitability
EBIT-%99.5 %99.7 %99.7 %99.6 %99.0 %
ROA28.1 %31.6 %28.3 %30.8 %17.4 %
ROE29.8 %34.0 %34.5 %37.5 %18.3 %
ROI30.1 %34.2 %34.8 %37.8 %18.5 %
Economic value added (EVA)711.73996.121 132.351 205.92557.60
Solvency
Equity ratio94.2 %90.8 %73.0 %91.3 %96.7 %
Gearing0.2 %0.2 %
Relative net indebtedness %20.5 %-22.2 %97.1 %3.8 %1.7 %
Liquidity
Quick ratio10.56.92.47.522.1
Current ratio10.56.92.47.522.1
Cash and cash equivalents20.00626.0090.00311.00127.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %220.2 %206.6 %147.1 %176.0 %433.7 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:17.4%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.7%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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