NORDIC INSURANCE SOFTWARE A/S — Credit Rating and Financial Key Figures

CVR number: 65087111
Århusgade 88, 2100 København Ø
tel: 70222723

Credit rating

Company information

Official name
NORDIC INSURANCE SOFTWARE A/S
Personnel
54 persons
Established
1981
Company form
Limited company
Industry

About NORDIC INSURANCE SOFTWARE A/S

NORDIC INSURANCE SOFTWARE A/S (CVR number: 65087111) is a company from KØBENHAVN. The company recorded a gross profit of 58 mDKK in 2024. The operating profit was 23.7 mDKK, while net earnings were 19.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 54.1 %, which can be considered excellent and Return on Equity (ROE) was 95.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. NORDIC INSURANCE SOFTWARE A/S's liquidity measured by quick ratio was 5.1 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 profit45 484.4342 614.5345 258.6653 778.5658 025.06
EBIT18 545.0918 467.6418 319.8222 547.5323 650.28
Net earnings14 863.0415 586.7215 257.9518 564.3319 317.68
Shareholders equity total16 293.4916 880.2016 238.1619 812.8520 555.84
Balance sheet total (assets)41 610.9742 395.9440 833.4045 834.2846 297.83
Net debt-22 538.74-29 151.83-23 818.49-12 165.04-6 177.67
Profitability
EBIT-%
ROA44.5 %48.0 %47.4 %56.3 %54.1 %
ROE85.6 %94.0 %92.1 %103.0 %95.7 %
ROI108.2 %115.9 %112.0 %128.4 %116.8 %
Economic value added (EVA)14 467.5814 754.1214 972.1418 021.7218 119.59
Solvency
Equity ratio49.5 %49.7 %55.4 %56.2 %58.2 %
Gearing1.4 %5.3 %4.0 %3.6 %4.5 %
Relative net indebtedness %
Liquidity
Quick ratio3.33.34.74.55.1
Current ratio1.92.02.02.22.3
Cash and cash equivalents22 761.9330 047.8924 469.9612 874.717 094.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:54.1%
Rating: 97/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.2%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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