INSURANCE BUSINESS APPLICATIONS A/S — Credit Rating and Financial Key Figures

INSURANCE BUSINESS APPLICATIONS A/S (CVR number: 33361319) is a company from KØBENHAVN. The company recorded a gross profit of 3636 kEUR in 2024. The operating profit was -1867.5 kEUR, while net earnings were -1389.1 kEUR. The profitability of the company measured by Return on Assets (ROA) was -12.7 %, which can be considered poor and Return on Equity (ROE) was -23 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. INSURANCE BUSINESS APPLICATIONS A/S's liquidity measured by quick ratio was 1.4 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.