CHAUCER UNDERWRITING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CHAUCER UNDERWRITING ApS
CHAUCER UNDERWRITING ApS (CVR number: 21240095) is a company from KØBENHAVN. The company reported a net sales of 17.2 mDKK in 2023, demonstrating a growth of 25.6 % compared to the previous year. The operating profit percentage was at 9.2 % (EBIT: 1.6 mDKK), while net earnings were 1181.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good and Return on Equity (ROE) was 12.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 61.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. CHAUCER UNDERWRITING ApS's liquidity measured by quick ratio was 2.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 14 760.38 | 10 769.29 | 13 352.60 | 13 665.45 | 17 159.00 |
Gross profit | 12 563.39 | 9 259.82 | 11 714.10 | 11 511.20 | 14 935.88 |
EBIT | 1 365.33 | 1 008.08 | - 270.99 | 1 293.90 | 1 576.71 |
Net earnings | 992.48 | 754.38 | - 234.44 | 947.04 | 1 181.15 |
Shareholders equity total | 7 318.35 | 8 072.73 | 7 838.29 | 8 785.33 | 9 966.48 |
Balance sheet total (assets) | 10 484.95 | 15 219.04 | 19 169.71 | 17 908.31 | 16 321.10 |
Net debt | -3 391.06 | -2 911.11 | 3 888.49 | -10 581.25 | -11 801.35 |
Profitability | |||||
EBIT-% | 9.2 % | 9.4 % | -2.0 % | 9.5 % | 9.2 % |
ROA | 9.2 % | 7.8 % | -1.5 % | 7.0 % | 9.2 % |
ROE | 11.6 % | 9.8 % | -2.9 % | 11.4 % | 12.6 % |
ROI | 15.9 % | 13.1 % | -2.3 % | 9.5 % | 14.2 % |
Economic value added (EVA) | 825.47 | 580.47 | - 473.17 | 760.62 | 1 459.99 |
Solvency | |||||
Equity ratio | 69.8 % | 53.0 % | 40.9 % | 49.1 % | 61.1 % |
Gearing | 0.3 % | 92.3 % | 39.8 % | ||
Relative net indebtedness % | -1.7 % | 39.3 % | 59.8 % | -36.3 % | -31.7 % |
Liquidity | |||||
Quick ratio | 3.2 | 2.1 | 1.6 | 1.9 | 2.5 |
Current ratio | 3.2 | 2.1 | 1.6 | 1.9 | 2.5 |
Cash and cash equivalents | 3 411.86 | 2 911.11 | 3 345.81 | 14 081.25 | 11 801.35 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 46.7 % | 71.0 % | 55.0 % | 60.9 % | 55.2 % |
Credit risk | |||||
Credit rating | A | A | BBB | A | A |
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