Health Insurance Instantly Agency A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Health Insurance Instantly Agency A/S
Health Insurance Instantly Agency A/S (CVR number: 36737069) is a company from KØBENHAVN. The company recorded a gross profit of -1673.3 kDKK in 2024. The operating profit was -4154.6 kDKK, while net earnings were -3379.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -37.5 %, which can be considered poor and Return on Equity (ROE) was -126.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -76.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Health Insurance Instantly Agency A/S's liquidity measured by quick ratio was 5.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 92.39 | 40.13 | - 251.67 | -1 002.41 | -1 673.30 |
| EBIT | - 550.12 | -2 319.17 | -2 523.19 | -3 410.10 | -4 154.59 |
| Net earnings | - 463.86 | -1 854.36 | -2 011.86 | -2 713.43 | -3 379.48 |
| Shareholders equity total | - 126.96 | -1 981.31 | -3 993.17 | -6 706.61 | -10 086.08 |
| Balance sheet total (assets) | 4 395.32 | 2 395.40 | 1 987.67 | 2 170.60 | 3 166.12 |
| Net debt | -3 830.01 | -1 605.27 | - 691.40 | -93.11 | - 139.33 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -23.2 % | -52.1 % | -48.7 % | -45.9 % | -37.5 % |
| ROE | -20.4 % | -54.6 % | -91.8 % | -130.5 % | -126.7 % |
| ROI | -60.6 % | -81.8 % | -130.7 % | -80.6 % | -39.4 % |
| Economic value added (EVA) | - 440.59 | -1 619.09 | -1 789.40 | -2 424.08 | -2 911.72 |
| Solvency | |||||
| Equity ratio | -6.3 % | -45.3 % | -66.8 % | -75.5 % | -76.1 % |
| Gearing | -1.6 % | -0.6 % | -0.3 % | -0.0 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 22.7 | 4.5 | 6.6 | 5.1 | 5.3 |
| Current ratio | 1.6 | 4.5 | 6.6 | 5.1 | 5.3 |
| Cash and cash equivalents | 3 831.99 | 1 616.60 | 702.95 | 93.11 | 140.10 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | B | B | B | B |
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