IF Forsikringscenter Aarhus ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About IF Forsikringscenter Aarhus ApS
IF Forsikringscenter Aarhus ApS (CVR number: 40765352) is a company from AARHUS. The company recorded a gross profit of 1919.5 kDKK in 2023. The operating profit was -414.7 kDKK, while net earnings were -407.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -72.3 %, which can be considered poor and Return on Equity (ROE) was -99.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.9 %, 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. IF Forsikringscenter Aarhus ApS's liquidity measured by quick ratio was 2.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 479.99 | 3 051.55 | 5 427.36 | 6 961.95 | 1 919.54 |
EBIT | 106.96 | 434.48 | 750.43 | 96.20 | - 414.75 |
Net earnings | 83.02 | 333.30 | 573.91 | 74.08 | - 407.38 |
Shareholders equity total | 133.02 | 466.32 | 840.22 | 714.30 | 106.92 |
Balance sheet total (assets) | 244.31 | 882.83 | 1 236.48 | 962.93 | 184.78 |
Net debt | - 127.59 | - 737.91 | - 966.50 | - 412.68 | - 180.24 |
Profitability | |||||
EBIT-% | |||||
ROA | 43.8 % | 77.1 % | 70.8 % | 9.5 % | -72.3 % |
ROE | 62.4 % | 111.2 % | 87.9 % | 9.5 % | -99.2 % |
ROI | 73.0 % | 140.3 % | 106.8 % | 12.6 % | -99.6 % |
Economic value added (EVA) | 83.20 | 335.30 | 596.48 | 84.52 | - 422.61 |
Solvency | |||||
Equity ratio | 54.4 % | 52.8 % | 68.0 % | 74.2 % | 57.9 % |
Gearing | 10.6 % | 4.2 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 2.1 | 3.0 | 3.7 | 2.4 |
Current ratio | 1.9 | 2.1 | 3.0 | 3.7 | 2.4 |
Cash and cash equivalents | 127.59 | 737.91 | 1 055.82 | 412.68 | 184.78 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BB |
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