ADVOKATPARTNERSELSKABET KIRK LARSEN & ASCANIUS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ADVOKATPARTNERSELSKABET KIRK LARSEN & ASCANIUS
ADVOKATPARTNERSELSKABET KIRK LARSEN & ASCANIUS (CVR number: 33646925K) is a company from ESBJERG. The company recorded a gross profit of 123.9 mDKK in 2023. The operating profit was 8790 kDKK, while net earnings were 9099 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent and Return on Equity (ROE) was 7.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 64.5 %, 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. ADVOKATPARTNERSELSKABET KIRK LARSEN & ASCANIUS's liquidity measured by quick ratio was 2.7 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 | 107 090.00 | 106 707.00 | 116 950.00 | 106 837.00 | 123 935.00 |
EBIT | 8 295.00 | 6 001.00 | 3 901.00 | 2 912.00 | 8 790.00 |
Net earnings | 7 790.00 | 5 655.00 | 3 616.00 | 2 660.00 | 9 099.00 |
Shareholders equity total | 98 093.00 | 103 748.00 | 107 365.00 | 110 717.00 | 121 188.00 |
Balance sheet total (assets) | 157 594.00 | 168 995.00 | 175 157.00 | 163 787.00 | 187 892.00 |
Net debt | -9 820.00 | -26 363.00 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 5.3 % | 3.7 % | 2.3 % | 1.7 % | 5.2 % |
ROE | 7.9 % | 5.6 % | 3.4 % | 2.4 % | 7.8 % |
ROI | 5.3 % | 3.7 % | 2.3 % | 2.1 % | 7.9 % |
Economic value added (EVA) | 8 295.00 | 1 071.83 | -1 312.34 | -2 483.09 | 3 719.93 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 67.6 % | 64.5 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.0 | 2.7 | |||
Current ratio | 3.0 | 2.7 | |||
Cash and cash equivalents | 9 820.00 | 26 363.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | AAA | AAA |
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