Max Matthiessen Insurance Brokers Cph P/S

CVR number: 36454989
Silkegade 8, 1113 København K

Credit rating

Company information

Official name
Max Matthiessen Insurance Brokers Cph P/S
Personnel
24 persons
Established
2014
Industry
  • Expand more icon66Activities auxiliary to financial services and insurance activities

About Max Matthiessen Insurance Brokers Cph P/S

Max Matthiessen Insurance Brokers Cph P/S (CVR number: 36454989) is a company from KØBENHAVN. The company recorded a gross profit of 2771.1 kDKK in 2023. The operating profit was -124 kDKK, while net earnings were -75.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.8 %, which can be considered poor and Return on Equity (ROE) was -10.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 8.8 %, 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. Max Matthiessen Insurance Brokers Cph P/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit2 066.832 049.442 233.402 917.532 771.09
EBIT-24.71161.87255.6866.32- 123.99
Net earnings- 154.47124.82225.6136.44-75.71
Shareholders equity total695.86523.59749.19785.63709.92
Balance sheet total (assets)3 951.804 655.315 699.855 433.648 095.54
Net debt-1 978.01-1 495.99-1 762.56235.52-2 324.90
Profitability
EBIT-%
ROA-0.2 %3.8 %4.9 %1.5 %-0.8 %
ROE-7.9 %20.5 %35.5 %4.7 %-10.1 %
ROI-0.3 %13.8 %14.9 %3.3 %-1.5 %
Economic value added (EVA)612.72242.13345.51185.25-62.24
Solvency
Equity ratio18.7 %11.9 %13.1 %14.5 %8.8 %
Gearing45.3 %155.7 %180.6 %286.4 %456.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.51.51.21.1
Current ratio1.61.41.51.21.1
Cash and cash equivalents2 292.952 311.153 115.922 014.615 568.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-0.76%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:8.77%
Rating: 9/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

Companies in the same industry

Build time: 2024-10-21T13:51:26.142Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.