FORSIKRINGSAKADEMIET A/S — Credit Rating and Financial Key Figures

CVR number: 20733616
Rungsted Strandvej 107, 2960 Rungsted Kyst

Credit rating

Company information

Official name
FORSIKRINGSAKADEMIET A/S
Personnel
317 persons
Established
1965
Company form
Limited company
Industry
  • Expand more icon85Education

About FORSIKRINGSAKADEMIET A/S

FORSIKRINGSAKADEMIET A/S (CVR number: 20733616) is a company from HØRSHOLM. The company reported a net sales of 160.3 mDKK in 2023, demonstrating a growth of 2.9 % compared to the previous year. The operating profit percentage was at 8 % (EBIT: 12.8 mDKK), while net earnings were 8464 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent but Return on Equity (ROE) was 9.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 43.5 %, 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. FORSIKRINGSAKADEMIET A/S's liquidity measured by quick ratio was 1.5 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales127.52101.78128.55155.76160.30
Gross profit91.8779.1796.20108.50110.60
EBIT4.72-8.249.2114.7312.76
Net earnings1.43-5.097.159.858.46
Shareholders equity total58.0053.0763.6682.5389.71
Balance sheet total (assets)183.84178.33188.93192.51206.46
Net debt30.1813.59
Profitability
EBIT-%3.7 %-8.1 %7.2 %9.5 %8.0 %
ROA2.7 %-4.6 %5.0 %7.7 %6.8 %
ROE2.4 %-9.2 %12.2 %13.5 %9.8 %
ROI3.1 %-4.6 %5.0 %8.4 %8.2 %
Economic value added (EVA)1.90-11.166.548.344.51
Solvency
Equity ratio100.0 %100.0 %100.0 %42.9 %43.5 %
Gearing84.8 %74.9 %
Relative net indebtedness %39.5 %32.7 %
Liquidity
Quick ratio1.41.5
Current ratio1.51.5
Cash and cash equivalents39.7753.64
Capital use efficiency
Trade debtors turnover (days)21.725.3
Net working capital %10.8 %14.5 %
Credit risk
Credit ratingBBBAAAAAAA

Variable visualization

ROA:6.78%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.5%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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

Companies in the same industry

Build time: 2024-12-21T09:42:48.155Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.