Milthers & Nielsen advokater ADVOKATANPARTSSELSKAB — Credit Rating and Financial Key Figures

Milthers & Nielsen advokater ADVOKATANPARTSSELSKAB (CVR number: 30550439) is a company from RINGSTED. The company recorded a gross profit of 4104.3 kDKK in 2023. The operating profit was 46.6 kDKK, while net earnings were -44.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered decent but Return on Equity (ROE) was -18.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 9.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Milthers & Nielsen advokater ADVOKATANPARTSSELSKAB's liquidity measured by quick ratio was 1.2 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.