VES ADVOKATER ADVOKATAKTIESELSKAB

CVR number: 15247630
Højvangsvej 24, 2600 Glostrup
tel: 43960640

Credit rating

Company information

Official name
VES ADVOKATER ADVOKATAKTIESELSKAB
Personnel
15 persons
Established
1991
Company form
Limited company
Industry
  • Expand more icon69Legal and accounting activities

About VES ADVOKATER ADVOKATAKTIESELSKAB

VES ADVOKATER ADVOKATAKTIESELSKAB (CVR number: 15247630) is a company from GLOSTRUP. The company recorded a gross profit of 8146.6 kDKK in 2023. The operating profit was 954.5 kDKK, while net earnings were 761.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.2 %, which can be considered excellent and Return on Equity (ROE) was 33.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33 %, 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. VES ADVOKATER ADVOKATAKTIESELSKAB's liquidity measured by quick ratio was 1.5 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
20192020202120222023
Volume
Net sales
Gross profit10 757.3010 906.848 720.539 644.488 146.60
EBIT3 223.842 948.152 295.603 607.00954.49
Net earnings1 760.412 260.031 740.532 753.50761.24
Shareholders equity total2 260.412 947.502 428.003 253.501 261.24
Balance sheet total (assets)5 697.245 835.725 195.785 759.523 824.83
Net debt358.25-3 588.90-3 112.80-4 521.62-2 275.52
Profitability
EBIT-%
ROA60.1 %51.1 %41.6 %66.0 %21.2 %
ROE68.1 %86.8 %64.8 %96.9 %33.7 %
ROI112.5 %96.2 %75.7 %120.4 %44.9 %
Economic value added (EVA)2 151.012 179.391 807.612 838.41795.74
Solvency
Equity ratio39.7 %50.5 %46.7 %56.5 %33.0 %
Gearing18.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.72.32.12.31.5
Current ratio1.72.32.12.31.5
Cash and cash equivalents47.773 588.903 112.804 521.622 275.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:21.2%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.0%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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