ADVOKATANPARTSSELSKABET ERLING KRAGH-PEDERSEN — Credit Rating and Financial Key Figures

CVR number: 21860832
Vandmanden 10 H, 9200 Aalborg SV
ekp@favrskovadvokaterne.dk
tel: 28104864

Company information

Official name
ADVOKATANPARTSSELSKABET ERLING KRAGH-PEDERSEN
Personnel
1 person
Established
1999
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-8.52-11.93232.211 323.31705.43
EBIT- 522.77- 747.68- 393.35- 299.26-5.14
Net earnings239.80107.60394.41- 370.01-18.77
Shareholders equity total1 945.461 942.472 336.881 852.471 715.91
Balance sheet total (assets)1 992.492 394.252 495.032 016.071 881.43
Net debt-1 772.74-1 576.46- 882.85-1 063.90-1 162.83
Profitability
EBIT-%
ROA17.0 %9.0 %21.1 %-20.0 %-0.2 %
ROE12.8 %5.5 %18.4 %-17.7 %-1.1 %
ROI17.3 %9.5 %22.8 %-21.5 %-0.3 %
Economic value added (EVA)- 598.56- 822.61- 487.92- 256.69-28.53
Solvency
Equity ratio97.6 %81.1 %93.7 %91.9 %91.2 %
Gearing0.6 %13.0 %
Relative net indebtedness %
Liquidity
Quick ratio38.84.49.88.18.6
Current ratio38.84.49.88.18.6
Cash and cash equivalents1 784.661 829.69882.851 063.901 162.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:-0.24%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.2%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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