INSURANCE EDP COOPERATION 2 ApS — Credit Rating and Financial Key Figures

CVR number: 36502789
Bredgade 19, 6920 Videbæk

Company information

Official name
INSURANCE EDP COOPERATION 2 ApS
Personnel
1 person
Established
2014
Company form
Private limited company
Industry

About INSURANCE EDP COOPERATION 2 ApS

INSURANCE EDP COOPERATION 2 ApS (CVR number: 36502789) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 2250.6 kDKK in 2018. The operating profit was 12.2 kDKK, while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 4.2 %, 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. INSURANCE EDP COOPERATION 2 ApS's liquidity measured by quick ratio was 1.8 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
2016
2017
2018
Volume
Net sales
Gross profit2 072.692 293.782 250.55
EBIT5.914.7012.17
Net earnings
Shareholders equity total50.0050.0050.00
Balance sheet total (assets)1 383.281 888.432 038.33
Net debt- 984.13-1 445.36-1 518.65
Profitability
EBIT-%
ROA0.4 %0.3 %0.6 %
ROE
ROI11.8 %9.4 %24.3 %
Economic value added (EVA)5.9151.6482.29
Solvency
Equity ratio5.8 %5.8 %4.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.72.31.8
Current ratio1.01.01.0
Cash and cash equivalents984.131 445.361 518.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:0.62%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:4.24%
Rating: 5/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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