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Analyst: XBRLDenmark
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Bankruptcy Risk 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Bankruptcy risk for industry  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  2.9% 2.2% 1.2% 1.7% 1.7%  
Credit score (0-100)  59 65 79 72 69  
Credit rating  BB BBB BBB BBB BBB  
Credit limit (kDKK)  0.0 0.2 127.9 4.2 7.0  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Gross profit  91.8 562 1,207 700 851  
EBITDA  -444 -32.6 453 134 195  
EBIT  -468 -48.7 376 20.4 82.2  
Pre-tax profit (PTP)  118.0 -29.1 411.7 -3.7 -0.5  
Net earnings  80.4 -24.9 317.3 -9.7 -2.3  
Pre-tax profit without non-rec. items  118 -29.1 412 -3.7 -0.5  

 
See the entire income statement

Balance sheet (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Tangible assets total  729 1,276 1,997 2,184 2,100  
Shareholders equity total  5,120 4,984 4,802 4,678 4,675  
Interest-bearing liabilities  91.9 4.9 4.9 9.1 3.7  
Balance sheet total (assets)  5,406 5,378 5,368 5,118 5,116  

Net Debt  -2,963 -3,741 -2,545 -2,364 -2,544  
 
See the entire balance sheet

Volume 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Net sales growth  0.0% 0.0% 0.0% 0.0% 0.0%  
Gross profit  91.8 562 1,207 700 851  
Gross profit growth  0.0% 512.1% 114.8% -42.0% 21.5%  
Employees  1 1 1 1 1  
Employee growth %  0.0% 0.0% 0.0% 0.0% 0.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  5,406 5,378 5,368 5,118 5,116  
Balance sheet change%  -2.8% -0.5% -0.2% -4.7% -0.0%  
Added value  -443.6 -32.6 452.5 97.0 195.4  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  179 531 645 74 -198  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  -4.0 -5.0 1.0 2.0 3.0  

Profitability 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
EBITDA %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT to gross profit (%)  -509.5% -8.7% 31.1% 2.9% 9.7%  
Net Earnings %  0.0% 0.0% 0.0% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  0.0% 0.0% 0.0% 0.0% 0.0%  
Pre tax profit less extraordinaries %  0.0% 0.0% 0.0% 0.0% 0.0%  
ROA %  2.4% -0.1% 8.1% 0.5% 1.8%  
ROI %  2.5% -0.1% 8.7% 0.5% 1.9%  
ROE %  1.6% -0.5% 6.5% -0.2% -0.0%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  94.7% 92.7% 89.4% 91.4% 91.4%  
Relative indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Relative net indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  668.1% 11,476.8% -562.4% -1,769.5% -1,301.9%  
Gearing %  1.8% 0.1% 0.1% 0.2% 0.1%  
Net interest  0 0 0 0 0  
Financing costs %  16.2% 48.6% 484.9% 388.9% 1,422.6%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  20.7 12.1 8.0 10.2 10.5  
Current Ratio  20.7 12.1 8.0 10.2 10.5  
Cash and cash equivalent  3,055.2 3,746.2 2,549.8 2,373.5 2,547.8  

Capital use efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Trade debtors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Trade creditors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Current assets / Net sales %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net working capital  4,388.9 3,348.8 2,502.5 2,110.1 1,938.5  
Net working capital %  0.0% 0.0% 0.0% 0.0% 0.0%  

Employee efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Net sales / employee  0 0 0 0 0  
Added value / employee  -444 -33 453 97 195  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  -444 -33 453 134 195  
EBIT / employee  -468 -49 376 20 82  
Net earnings / employee  80 -25 317 -10 -2