Karsten Hjorth Larsen Advokatanpartsselskab — Credit Rating and Financial Key Figures

CVR number: 38008935
Fælledvej 17, 7600 Struer
mail@karstenhjorth.dk

Credit rating

Company information

Official name
Karsten Hjorth Larsen Advokatanpartsselskab
Personnel
7 persons
Established
2016
Company form
Private limited company
Industry
  • Expand more icon69Legal and accounting activities

About Karsten Hjorth Larsen Advokatanpartsselskab

Karsten Hjorth Larsen Advokatanpartsselskab (CVR number: 38008935) is a company from STRUER. The company recorded a gross profit of 2823.9 kDKK in 2024. The operating profit was 305.4 kDKK, while net earnings were 233.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.3 %, which can be considered good but Return on Equity (ROE) was 15.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.6 %, 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. Karsten Hjorth Larsen Advokatanpartsselskab's liquidity measured by quick ratio was 3.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 121.632 600.122 429.043 233.772 823.95
EBIT630.04313.5489.08621.56305.44
Net earnings480.28230.7759.64486.42233.11
Shareholders equity total2 324.251 555.021 414.661 901.081 134.18
Balance sheet total (assets)3 365.862 164.971 971.062 774.501 872.95
Net debt-2 333.81-1 345.04- 983.86-1 580.63- 754.80
Profitability
EBIT-%
ROA21.7 %11.4 %4.4 %26.3 %13.3 %
ROE22.0 %11.9 %4.0 %29.3 %15.4 %
ROI27.8 %15.6 %5.7 %35.4 %18.6 %
Economic value added (EVA)467.54241.7455.81462.76216.64
Solvency
Equity ratio69.1 %71.8 %71.8 %68.5 %60.6 %
Gearing4.6 %
Relative net indebtedness %
Liquidity
Quick ratio3.94.24.44.13.4
Current ratio3.94.24.44.13.4
Cash and cash equivalents2 333.811 345.04983.861 580.63806.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:13.3%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.6%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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