ADVOKATANPARTSSELSKABET ERLING KRAGH-PEDERSEN
Credit rating
Company information
About ADVOKATANPARTSSELSKABET ERLING KRAGH-PEDERSEN
ADVOKATANPARTSSELSKABET ERLING KRAGH-PEDERSEN (CVR number: 21860832) is a company from AALBORG. The company recorded a gross profit of 705.4 kDKK in 2023. The operating profit was -5.1 kDKK, while net earnings were -18.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -1.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 91.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ADVOKATANPARTSSELSKABET ERLING KRAGH-PEDERSEN's liquidity measured by quick ratio was 8.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -8.52 | -11.93 | 232.21 | 1 323.31 | 705.43 |
EBIT | - 522.77 | - 747.68 | - 393.35 | - 299.26 | -5.14 |
Net earnings | 239.80 | 107.60 | 394.41 | - 370.01 | -18.77 |
Shareholders equity total | 1 945.46 | 1 942.47 | 2 336.88 | 1 852.47 | 1 715.91 |
Balance sheet total (assets) | 1 992.49 | 2 394.25 | 2 495.03 | 2 016.07 | 1 881.43 |
Net debt | -1 772.74 | -1 576.46 | - 882.85 | -1 063.90 | -1 162.83 |
Profitability | |||||
EBIT-% | |||||
ROA | 17.0 % | 9.0 % | 21.1 % | -20.0 % | -0.2 % |
ROE | 12.8 % | 5.5 % | 18.4 % | -17.7 % | -1.1 % |
ROI | 17.3 % | 9.5 % | 22.8 % | -21.5 % | -0.3 % |
Economic value added (EVA) | - 598.56 | - 822.61 | - 487.92 | - 256.69 | -28.53 |
Solvency | |||||
Equity ratio | 97.6 % | 81.1 % | 93.7 % | 91.9 % | 91.2 % |
Gearing | 0.6 % | 13.0 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 38.8 | 4.4 | 9.8 | 8.1 | 8.6 |
Current ratio | 38.8 | 4.4 | 9.8 | 8.1 | 8.6 |
Cash and cash equivalents | 1 784.66 | 1 829.69 | 882.85 | 1 063.90 | 1 162.83 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BB | BBB |
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