Advokatfirmaet Morten Knoth ApS

CVR number: 38751980
Hunderupvej 22, 5000 Odense C

Credit rating

Company information

Official name
Advokatfirmaet Morten Knoth ApS
Personnel
4 persons
Established
2017
Company form
Private limited company
Industry
  • Expand more icon69Legal and accounting activities

About Advokatfirmaet Morten Knoth ApS

Advokatfirmaet Morten Knoth ApS (CVR number: 38751980) is a company from ODENSE. The company recorded a gross profit of 2784.6 kDKK in 2023. The operating profit was 833.7 kDKK, while net earnings were 636.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.7 %, which can be considered excellent and Return on Equity (ROE) was 33.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Advokatfirmaet Morten Knoth ApS's liquidity measured by quick ratio was 1.6 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
20192020202120222023
Volume
Net sales
Gross profit2 249.302 737.682 545.343 071.462 784.64
EBIT716.311 010.75664.591 030.30833.73
Net earnings544.81785.84506.61786.10636.87
Shareholders equity total2 167.872 353.711 860.331 939.821 876.69
Balance sheet total (assets)8 836.887 145.703 973.174 540.605 454.53
Net debt-6 687.66-4 991.45-2 136.93-2 536.72-3 581.75
Profitability
EBIT-%
ROA6.3 %12.8 %12.0 %24.3 %16.7 %
ROE27.3 %34.8 %24.0 %41.4 %33.4 %
ROI30.2 %39.1 %27.3 %44.9 %36.0 %
Economic value added (EVA)1 064.951 014.07649.37812.50668.45
Solvency
Equity ratio24.5 %32.9 %46.8 %42.7 %34.4 %
Gearing0.9 %0.5 %0.5 %6.3 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.52.01.91.6
Current ratio1.31.52.01.91.6
Cash and cash equivalents6 707.665 003.652 145.932 659.813 591.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:16.7%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.4%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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