If Forsikringscenter Øst ApS

CVR number: 40666818
Naverland 29, 2600 Glostrup
daniel.lundberg@if.dk
tel: 30808821

Credit rating

Company information

Official name
If Forsikringscenter Øst ApS
Personnel
13 persons
Established
2019
Company form
Private limited company
Industry
  • Expand more icon66Activities auxiliary to financial services and insurance activities

About If Forsikringscenter Øst ApS

If Forsikringscenter Øst ApS (CVR number: 40666818) is a company from ALBERTSLUND. The company recorded a gross profit of 10.7 mDKK in 2023. The operating profit was -8.2 kDKK, while net earnings were -20.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.4 %, which can be considered poor and Return on Equity (ROE) was -58.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 3.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. If Forsikringscenter Øst ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020202120222023
Volume
Net sales
Gross profit1 716.716 442.6212 224.9210 724.68
EBIT-4.2061.61- 115.06-8.17
Net earnings-5.80132.62- 120.59-20.73
Shareholders equity total34.20166.8145.6724.94
Balance sheet total (assets)464.701 458.64502.51640.57
Net debt- 418.46-1 048.41- 326.13- 233.07
Profitability
EBIT-%
ROA-0.9 %21.6 %-9.8 %-1.4 %
ROE-17.0 %131.9 %-113.5 %-58.7 %
ROI-12.3 %206.6 %-90.0 %-17.7 %
Economic value added (EVA)-4.2563.75-73.848.32
Solvency
Equity ratio7.4 %11.4 %9.1 %3.9 %
Gearing1.1 %84.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.11.00.7
Current ratio1.01.11.00.7
Cash and cash equivalents418.461 048.41326.64254.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:-1.43%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.89%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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