IDA Forsikring Forsikringsformidling F.M.B.A — Credit Rating and Financial Key Figures
Credit rating
Company information
About IDA Forsikring Forsikringsformidling F.M.B.A
IDA Forsikring Forsikringsformidling F.M.B.A (CVR number: 19484149) is a company from KØBENHAVN. The company reported a net sales of 15.6 mDKK in 2023, demonstrating a decline of -82.7 % compared to the previous year. The operating profit percentage was poor at -510.6 % (EBIT: -79.7 mDKK), while net earnings were -43.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was -8.1 %, which can be considered poor and Return on Equity (ROE) was -10 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 85.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. IDA Forsikring Forsikringsformidling F.M.B.A's liquidity measured by quick ratio was 6.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 72 381.00 | 161 380.00 | 198 144.00 | 90 311.00 | 15 612.49 |
Gross profit | 72 381.00 | 161 380.00 | 198 146.00 | 90 312.00 | 15 612.49 |
EBIT | 12 597.00 | 99 380.00 | 127 644.00 | 10 174.00 | -79 715.34 |
Net earnings | 30 597.00 | 106 047.00 | 146 425.00 | -39 780.19 | -43 541.63 |
Shareholders equity total | 246 032.00 | 352 079.25 | 498 503.87 | 458 723.68 | 415 182.05 |
Balance sheet total (assets) | 259 313.00 | 364 612.00 | 513 419.00 | 467 797.00 | 487 978.01 |
Net debt | - 365 371.00 | - 439 717.00 | - 477 042.27 | ||
Profitability | |||||
EBIT-% | 17.4 % | 61.6 % | 64.4 % | 11.3 % | -510.6 % |
ROA | 5.1 % | 31.9 % | 34.7 % | 5.0 % | -8.1 % |
ROE | 13.3 % | 35.5 % | 34.4 % | -8.3 % | -10.0 % |
ROI | 5.1 % | 31.9 % | 34.9 % | 5.1 % | -8.8 % |
Economic value added (EVA) | 1 771.39 | 87 016.89 | 109 784.86 | 3 917.22 | -80 514.97 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 97.1 % | 98.1 % | 85.1 % |
Gearing | 1.7 % | 0.7 % | 0.9 % | ||
Relative net indebtedness % | -181.2 % | -480.3 % | -2612.4 % | ||
Liquidity | |||||
Quick ratio | 34.3 | 51.3 | 6.7 | ||
Current ratio | 34.3 | 51.3 | 6.7 | ||
Cash and cash equivalents | 373 990.00 | 442 811.00 | 480 650.21 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 63.1 % | 24.1 % | -399.3 % | ||
Credit risk | |||||
Credit rating | A | BBB | A | A | BBB |
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