Insurance Law ApS — Credit Rating and Financial Key Figures

CVR number: 16997773
Amerika Plads 37, 2100 København Ø

Credit rating

Company information

Official name
Insurance Law ApS
Established
1993
Company form
Private limited company
Industry
  • Expand more icon69Legal and accounting activities

About Insurance Law ApS

Insurance Law ApS (CVR number: 16997773) is a company from KØBENHAVN. The company recorded a gross profit of 7085.1 kDKK in 2023. The operating profit was 6573.4 kDKK, while net earnings were 5067.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19 %, which can be considered excellent and Return on Equity (ROE) was 15.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 93.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Insurance Law ApS's liquidity measured by quick ratio was 13 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 989.785 516.817 965.017 147.607 085.06
EBIT2 781.785 277.927 591.016 646.296 573.40
Net earnings2 257.024 160.945 901.985 193.855 067.32
Shareholders equity total18 066.9222 117.2627 906.2430 800.0934 567.41
Balance sheet total (assets)19 752.6725 452.1631 902.5734 409.3737 023.02
Net debt-5 134.56-5 212.35-5 170.94-11 216.54-8 220.00
Profitability
EBIT-%
ROA15.5 %24.0 %27.0 %20.5 %19.0 %
ROE13.2 %20.7 %23.6 %17.7 %15.5 %
ROI16.0 %25.3 %29.1 %22.4 %20.4 %
Economic value added (EVA)1 668.073 512.865 074.874 062.394 060.00
Solvency
Equity ratio91.5 %86.9 %87.5 %89.5 %93.4 %
Gearing7.3 %6.6 %6.0 %1.2 %1.7 %
Relative net indebtedness %
Liquidity
Quick ratio11.17.27.28.313.0
Current ratio11.17.27.28.313.0
Cash and cash equivalents6 446.416 664.776 841.0311 580.218 805.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:19.0%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.4%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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