ILLIT FORSIKRINGIT AGENTUR A/S — Credit Rating and Financial Key Figures

CVR number: 12579853
Eqalugalinnguit 79, 3905 Nuussuaq

Credit rating

Company information

Official name
ILLIT FORSIKRINGIT AGENTUR A/S
Established
2009
Company form
Limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About ILLIT FORSIKRINGIT AGENTUR A/S

ILLIT FORSIKRINGIT AGENTUR A/S (CVR number: 12579853) is a company from SERMERSOOQ. The company recorded a gross profit of 12.3 mDKK in 2023. The operating profit was 2111.1 kDKK, while net earnings were 1951.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.7 %, which can be considered excellent and Return on Equity (ROE) was 81.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43.3 %, 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. ILLIT FORSIKRINGIT AGENTUR A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit6 838.528 676.2010 222.0810 205.1412 252.15
EBIT66.862 101.982 206.651 562.012 111.09
Net earnings1.781 528.552 035.991 663.441 951.73
Shareholders equity total502.352 030.902 566.892 230.342 582.07
Balance sheet total (assets)2 822.214 059.756 633.236 645.935 967.42
Net debt-1 439.05-2 845.42-3 502.20-4 188.88-3 326.93
Profitability
EBIT-%
ROA2.0 %61.1 %41.4 %23.7 %33.7 %
ROE0.4 %120.7 %88.6 %69.4 %81.1 %
ROI13.1 %141.3 %79.2 %53.9 %72.6 %
Economic value added (EVA)78.211 592.032 097.471 722.472 076.83
Solvency
Equity ratio17.8 %50.0 %38.7 %33.6 %43.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.92.21.21.21.4
Current ratio0.92.21.21.21.4
Cash and cash equivalents1 439.052 845.423 502.204 188.883 326.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:33.7%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.3%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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