LETPENSION FORSIKRINGSFORMIDLING A/S — Credit Rating and Financial Key Figures

CVR number: 29401675
Sundkrogsgade 4, 2100 København Ø

Credit rating

Company information

Official name
LETPENSION FORSIKRINGSFORMIDLING A/S
Personnel
39 persons
Established
2006
Company form
Limited company
Industry
  • Expand more icon66Activities auxiliary to financial services and insurance activities

About LETPENSION FORSIKRINGSFORMIDLING A/S

LETPENSION FORSIKRINGSFORMIDLING A/S (CVR number: 29401675) is a company from KØBENHAVN. The company reported a net sales of 52.7 mDKK in 2023, demonstrating a growth of 4 % compared to the previous year. The operating profit percentage was at 0.7 % (EBIT: 0.3 mDKK), while net earnings were 1707 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent and Return on Equity (ROE) was 6.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 81.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LETPENSION FORSIKRINGSFORMIDLING A/S's liquidity measured by quick ratio was 5.5 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales32.0743.9939.8150.6652.68
Gross profit32.0743.9939.8150.6652.68
EBIT-8.213.58-3.941.960.35
Net earnings-8.253.43-4.111.861.71
Shareholders equity total23.3126.7422.7325.2826.98
Balance sheet total (assets)29.4536.8427.3930.2233.04
Net debt-18.24-30.65-20.97-25.45-28.26
Profitability
EBIT-%-25.6 %8.1 %-9.9 %3.9 %0.7 %
ROA-25.0 %10.8 %-12.3 %7.3 %5.4 %
ROE-30.1 %13.7 %-16.6 %7.8 %6.5 %
ROI-29.7 %14.2 %-15.9 %8.7 %6.5 %
Economic value added (EVA)-8.463.33-3.741.870.36
Solvency
Equity ratio79.2 %72.6 %83.0 %83.6 %81.7 %
Gearing1.3 %0.5 %
Relative net indebtedness %-38.7 %-46.7 %-41.0 %-40.5 %-42.4 %
Liquidity
Quick ratio5.43.65.96.15.5
Current ratio5.43.65.96.15.5
Cash and cash equivalents18.5430.6520.9725.4528.40
Capital use efficiency
Trade debtors turnover (days)62.05.34.27.43.7
Net working capital %74.7 %60.8 %57.1 %20.5 %22.1 %
Credit risk
Credit ratingBBBABBBBBBBB

Variable visualization

ROA:5.40%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.7%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member

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