FORSIKRINGSMÆGLERNE ASSURANCE CONSULTING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FORSIKRINGSMÆGLERNE ASSURANCE CONSULTING ApS
FORSIKRINGSMÆGLERNE ASSURANCE CONSULTING ApS (CVR number: 32560563) is a company from ODENSE. The company reported a net sales of 1 mDKK in 2023, demonstrating a growth of 13.9 % compared to the previous year. The operating profit percentage was at 4.2 % (EBIT: 0 mDKK), while net earnings were 39.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.3 %, which can be considered good but Return on Equity (ROE) was 24.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46.6 %, 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. FORSIKRINGSMÆGLERNE ASSURANCE CONSULTING ApS'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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 903.51 | 942.84 | 951.45 | 906.29 | 1 032.32 |
Gross profit | 569.67 | 564.55 | 683.79 | 630.04 | 752.86 |
EBIT | 30.75 | 11.27 | 137.02 | 76.60 | 43.64 |
Net earnings | 12.90 | 0.34 | 133.81 | 71.34 | 39.34 |
Shareholders equity total | -65.61 | -65.27 | 68.65 | 139.88 | 179.22 |
Balance sheet total (assets) | 304.51 | 346.13 | 264.62 | 291.12 | 384.31 |
Net debt | -3.63 | 58.85 | 1.83 | 28.10 | 48.34 |
Profitability | |||||
EBIT-% | 3.4 % | 1.2 % | 14.4 % | 8.5 % | 4.2 % |
ROA | 8.5 % | 2.9 % | 40.5 % | 27.6 % | 13.3 % |
ROE | 4.4 % | 0.1 % | 64.5 % | 68.4 % | 24.7 % |
ROI | 114.7 % | 24.1 % | 175.6 % | 57.5 % | 20.9 % |
Economic value added (EVA) | 35.47 | 15.95 | 140.83 | 73.96 | 37.19 |
Solvency | |||||
Equity ratio | -17.7 % | -15.9 % | 25.9 % | 48.0 % | 46.6 % |
Gearing | -36.5 % | -106.4 % | 26.2 % | 28.4 % | 39.2 % |
Relative net indebtedness % | 37.9 % | 42.5 % | 18.9 % | 15.4 % | 17.7 % |
Liquidity | |||||
Quick ratio | 0.6 | 0.7 | 1.2 | 1.6 | 1.5 |
Current ratio | 0.6 | 0.7 | 1.2 | 1.6 | 1.5 |
Cash and cash equivalents | 27.54 | 10.60 | 16.14 | 11.61 | 21.93 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 29.0 | 37.3 | 57.1 | 69.8 | 100.6 |
Net working capital % | -16.2 % | -12.3 % | 3.3 % | 10.7 % | 10.7 % |
Credit risk | |||||
Credit rating | B | B | B | BB | BB |
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