Korsgaard Law - advokatanpartsselskab — Credit Rating and Financial Key Figures
Credit rating
Company information
About Korsgaard Law - advokatanpartsselskab
Korsgaard Law - advokatanpartsselskab (CVR number: 42016470) is a company from LANGELAND. The company recorded a gross profit of -2.3 kDKK in 2023. The operating profit was -2.3 kDKK, while net earnings were -2.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.3 %, which can be considered poor and Return on Equity (ROE) was -4.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.4 %, 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. Korsgaard Law - advokatanpartsselskab'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 47.18 | -2.34 | |
EBIT | 47.18 | -2.34 | |
Net earnings | 133.15 | 35.37 | -2.52 |
Shareholders equity total | 40.00 | 75.37 | 37.48 |
Balance sheet total (assets) | 242.88 | 104.81 | 97.53 |
Net debt | - 216.32 | - 103.38 | -45.32 |
Profitability | |||
EBIT-% | |||
ROA | -0.3 % | 27.1 % | -2.3 % |
ROE | 332.9 % | 61.3 % | -4.5 % |
ROI | -1.6 % | 81.2 % | -4.1 % |
Economic value added (EVA) | 45.66 | -0.89 | |
Solvency | |||
Equity ratio | 16.5 % | 71.9 % | 38.4 % |
Gearing | 1.2 % | 2.4 % | |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 1.7 | 3.6 | 1.6 |
Current ratio | 1.7 | 3.6 | 1.6 |
Cash and cash equivalents | 216.32 | 104.28 | 46.21 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | BB | B |
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