VINCIT ADVOKATER ApS — Credit Rating and Financial Key Figures

CVR number: 29635633
Toldbodgade 57, 1253 København K
tg@vincitlaw.com
tel: 70260264

Credit rating

Company information

Official name
VINCIT ADVOKATER ApS
Personnel
2 persons
Established
2006
Company form
Private limited company
Industry

About VINCIT ADVOKATER ApS

VINCIT ADVOKATER ApS (CVR number: 29635633) is a company from KØBENHAVN. The company recorded a gross profit of 1973.8 kDKK in 2023. The operating profit was 296.6 kDKK, while net earnings were 217.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent but Return on Equity (ROE) was 13.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 49.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. VINCIT ADVOKATER ApS's liquidity measured by quick ratio was 1.4 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.

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 profit2 429.632 629.242 834.581 759.311 973.78
EBIT851.65798.12786.14307.74296.61
Net earnings656.88611.93597.47220.19217.22
Shareholders equity total2 049.742 011.672 009.141 629.341 646.56
Balance sheet total (assets)3 542.735 524.975 118.864 384.603 346.76
Net debt- 270.471 722.661 424.371 833.58-49.82
Profitability
EBIT-%
ROA23.0 %17.6 %14.8 %6.5 %7.7 %
ROE29.6 %30.1 %29.7 %12.1 %13.3 %
ROI31.0 %22.6 %18.2 %7.6 %9.2 %
Economic value added (EVA)519.02476.39385.479.7426.64
Solvency
Equity ratio57.9 %36.4 %39.2 %37.2 %49.2 %
Gearing28.0 %109.8 %108.2 %124.8 %53.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.21.31.21.4
Current ratio1.61.21.31.21.4
Cash and cash equivalents843.68486.14748.91199.75929.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:7.68%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.2%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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