SØASSURANCEN DANMARK A/S — Credit Rating and Financial Key Figures

SØASSURANCEN DANMARK A/S (CVR number: 34209448) is a company from ÆRØ. The company recorded a gross profit of 11.2 mDKK in 2023. The operating profit was 2187.6 kDKK, while net earnings were 1851.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent but Return on Equity (ROE) was 24 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. SØASSURANCEN DANMARK A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.