FORSIKRINGSAKADEMIET A/S — Credit Rating and Financial Key Figures

CVR number: 20733616
Rungsted Strandvej 107, 2960 Rungsted Kyst

Company information

Official name
FORSIKRINGSAKADEMIET A/S
Personnel
293 persons
Established
1965
Company form
Limited company
Industry

About FORSIKRINGSAKADEMIET A/S

FORSIKRINGSAKADEMIET A/S (CVR number: 20733616K) is a company from HØRSHOLM. The company recorded a gross profit of 0 kDKK in 2019, demonstrating a decline of -100 % compared to the previous year. The operating profit was 0 kDKK, while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 0 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FORSIKRINGSAKADEMIET A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2015
2016
2017
2018
2019
Volume
Net sales113.93121.91122.67122.81
Gross profit78.9684.6987.2588.01
EBIT6.534.969.455.89
Net earnings2.38-1.804.702.00
Shareholders equity total52.5149.2355.9058.57
Balance sheet total (assets)193.90206.87191.76186.03
Net debt77.0365.1672.9969.40
Profitability
EBIT-%5.7 %4.1 %7.7 %4.8 %
ROA3.4 %2.5 %4.7 %3.1 %
ROE4.7 %-3.5 %8.9 %3.5 %
ROI4.4 %3.4 %6.5 %4.0 %
Economic value added (EVA)-2.41-3.710.22-2.78-7.34
Solvency
Equity ratio27.1 %23.8 %29.2 %31.5 %
Gearing184.9 %189.8 %159.9 %145.5 %
Relative net indebtedness %106.0 %106.1 %96.2 %89.1 %
Liquidity
Quick ratio0.60.50.50.5
Current ratio0.60.50.50.6
Cash and cash equivalents20.0828.2516.3715.83
Capital use efficiency
Trade debtors turnover (days)11.012.816.115.6
Net working capital %-17.4 %-28.0 %-19.7 %-16.3 %
Credit risk
Credit ratingAAAAAAAAAAABB

Variable visualization

Roles

Board member
Board member
Board member
Chairman of the board
Board member

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