ADVOKATANPARTSSELSKABET M.K.B. — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 earnings | 153.10 | 140.81 | 139.37 | 159.56 | 168.28 |
Shareholders equity total | 462.88 | 453.68 | 503.05 | 562.62 | 430.90 |
Balance sheet total (assets) | 466.63 | 461.08 | 515.77 | 573.14 | 640.77 |
Net debt | - 170.09 | - 198.60 | - 188.63 | - 293.19 | - 216.16 |
Profitability | |||||
EBIT-% | |||||
ROA | 35.7 % | 31.2 % | 36.3 % | 30.8 % | 31.3 % |
ROE | 35.5 % | 30.7 % | 29.1 % | 29.9 % | 33.9 % |
ROI | 36.1 % | 31.6 % | 36.8 % | 31.2 % | 32.1 % |
Economic value added (EVA) | -4.66 | 3.00 | -4.52 | -8.38 | -6.87 |
Solvency | |||||
Equity ratio | 99.2 % | 98.4 % | 97.5 % | 98.2 % | 67.2 % |
Gearing | 1.8 % | 0.2 % | 43.9 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 47.9 | 28.1 | 17.0 | 29.4 | 1.9 |
Current ratio | 47.9 | 28.1 | 17.0 | 29.4 | 1.9 |
Cash and cash equivalents | 170.09 | 198.60 | 197.60 | 294.04 | 405.44 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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