ADVOKATANPARTSSELSKABET M.K.B. — Credit Rating and Financial Key Figures

CVR number: 32665969
Mindegade 2, 7400 Herning
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Company information

Official name
ADVOKATANPARTSSELSKABET M.K.B.
Established
2010
Company form
Private limited company
Industry

About ADVOKATANPARTSSELSKABET M.K.B.

ADVOKATANPARTSSELSKABET M.K.B. (CVR number: 32665969) is a company from HERNING. The company recorded a gross profit of -9 kDKK in 2023. The operating profit was -9 kDKK, while net earnings were 168.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.3 %, which can be considered excellent and Return on Equity (ROE) was 33.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ADVOKATANPARTSSELSKABET M.K.B.'s liquidity measured by quick ratio was 1.9 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-7.41-6.20-5.64-10.66-9.04
EBIT-7.41-6.20-5.64-10.66-9.04
Net earnings153.10140.81139.37159.56168.28
Shareholders equity total462.88453.68503.05562.62430.90
Balance sheet total (assets)466.63461.08515.77573.14640.77
Net debt- 170.09- 198.60- 188.63- 293.19- 216.16
Profitability
EBIT-%
ROA35.7 %31.2 %36.3 %30.8 %31.3 %
ROE35.5 %30.7 %29.1 %29.9 %33.9 %
ROI36.1 %31.6 %36.8 %31.2 %32.1 %
Economic value added (EVA)-4.663.00-4.52-8.38-6.87
Solvency
Equity ratio99.2 %98.4 %97.5 %98.2 %67.2 %
Gearing1.8 %0.2 %43.9 %
Relative net indebtedness %
Liquidity
Quick ratio47.928.117.029.41.9
Current ratio47.928.117.029.41.9
Cash and cash equivalents170.09198.60197.60294.04405.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:31.3%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.2%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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