ADVOKATANPARTSSELSKABET THORNINGER — Credit Rating and Financial Key Figures

CVR number: 28709609
Herningvej 1, 6950 Ringkøbing
advokat@thorninger.dk
tel: 97323811
www.thorninger.dk

Credit rating

Company information

Official name
ADVOKATANPARTSSELSKABET THORNINGER
Personnel
12 persons
Established
2005
Company form
Private limited company
Industry
  • Expand more icon69Legal and accounting activities

About ADVOKATANPARTSSELSKABET THORNINGER

ADVOKATANPARTSSELSKABET THORNINGER (CVR number: 28709609) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 6233 kDKK in 2023. The operating profit was 2165 kDKK, while net earnings were 1674.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 70.7 %, which can be considered excellent and Return on Equity (ROE) was 87.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.8 %, 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. ADVOKATANPARTSSELSKABET THORNINGER's liquidity measured by quick ratio was 2.6 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 profit6 247.216 545.226 794.785 739.476 233.04
EBIT2 742.191 808.402 662.622 373.852 165.02
Net earnings2 114.331 390.642 058.461 830.201 674.33
Shareholders equity total2 279.331 555.642 223.461 995.201 839.33
Balance sheet total (assets)3 495.673 386.563 409.703 099.783 022.90
Net debt-2 671.05-2 095.85-2 529.75-2 015.98-2 270.17
Profitability
EBIT-%
ROA62.8 %52.6 %78.4 %72.9 %70.7 %
ROE69.6 %72.5 %108.9 %86.8 %87.3 %
ROI89.1 %92.0 %140.0 %111.6 %111.8 %
Economic value added (EVA)2 157.591 432.742 102.751 860.161 687.91
Solvency
Equity ratio65.2 %45.9 %65.2 %64.4 %60.8 %
Gearing3.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.91.92.92.92.6
Current ratio2.91.92.92.92.6
Cash and cash equivalents2 752.202 095.852 529.752 015.982 270.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:70.7%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.8%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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