Insurance Law ApS — Credit Rating and Financial Key Figures

CVR number: 16997773
Amerika Plads 37, 2100 København Ø
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Credit rating

Company information

Official name
Insurance Law ApS
Established
1993
Company form
Private limited company
Industry

About Insurance Law ApS

Insurance Law ApS (CVR number: 16997773) is a company from KØBENHAVN. The company recorded a gross profit of -5472.2 kDKK in 2024. The operating profit was -5921.8 kDKK, while net earnings were -4371.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.2 %, which can be considered poor and Return on Equity (ROE) was -14 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.4 %, 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 32.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit5 516.817 965.017 147.607 085.06-5 472.22
EBIT5 277.927 591.016 646.296 573.40-5 921.75
Net earnings4 160.945 901.985 193.855 067.32-4 371.77
Shareholders equity total22 117.2627 906.2430 800.0934 567.4127 695.64
Balance sheet total (assets)25 452.1631 902.5734 409.3737 023.0228 444.94
Net debt-5 212.35-5 170.94-11 216.54-8 220.00-9 676.91
Profitability
EBIT-%
ROA24.0 %27.0 %20.5 %19.0 %-13.2 %
ROE20.7 %23.6 %17.7 %15.5 %-14.0 %
ROI25.3 %29.1 %22.4 %20.4 %-13.6 %
Economic value added (EVA)3 123.004 666.983 634.713 459.82-7 693.09
Solvency
Equity ratio86.9 %87.5 %89.5 %93.4 %97.4 %
Gearing6.6 %6.0 %1.2 %1.7 %2.5 %
Relative net indebtedness %
Liquidity
Quick ratio7.27.28.313.032.7
Current ratio7.27.28.313.032.7
Cash and cash equivalents6 664.776 841.0311 580.218 805.1010 381.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-13.2%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.4%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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