Codan Forsikring A/S — Credit Rating and Financial Key Figures

Codan Forsikring A/S (CVR number: 41963948) is a company from FREDERIKSBERG. The company recorded a gross profit of -69.5 kDKK in 2020. The operating profit was -69.5 kDKK, while net earnings were -69.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.4 %, which can be considered poor and Return on Equity (ROE) was -21 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 82.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Codan Forsikring A/S's liquidity measured by quick ratio was 5.8 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.