Fair Forsikringsmægler ApS — Credit Rating and Financial Key Figures

CVR number: 37360910
Lumbyvej 11 C, 5000 Odense C
maegler@fairfm.dk
tel: 70602160
www.fairfm.dk

Credit rating

Company information

Official name
Fair Forsikringsmægler ApS
Established
2015
Company form
Private limited company
Industry

About Fair Forsikringsmægler ApS

Fair Forsikringsmægler ApS (CVR number: 37360910) is a company from ODENSE. The company recorded a gross profit of 599.3 kDKK in 2023. The operating profit was 599 kDKK, while net earnings were 458.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 58.3 %, which can be considered excellent and Return on Equity (ROE) was 94.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.1 %, 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. Fair Forsikringsmægler ApS's liquidity measured by quick ratio was 3.2 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit433.78270.90995.07240.95599.30
EBIT430.25267.38991.54238.52599.04
Net earnings332.21198.13766.16185.07458.88
Shareholders equity total386.71248.13444.30329.36638.24
Balance sheet total (assets)774.10774.78958.50979.141 079.06
Net debt- 621.32- 361.78- 556.96- 474.30- 346.45
Profitability
EBIT-%
ROA63.9 %34.5 %114.4 %24.6 %58.3 %
ROE122.8 %62.4 %221.3 %47.8 %94.8 %
ROI148.5 %81.7 %274.3 %58.8 %119.9 %
Economic value added (EVA)338.65213.62775.09192.84471.97
Solvency
Equity ratio50.0 %32.0 %46.4 %33.6 %59.1 %
Gearing1.0 %1.0 %0.0 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.61.63.11.63.2
Current ratio2.61.63.11.63.2
Cash and cash equivalents625.06364.38557.06474.40346.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:58.3%
Rating: 99/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.1%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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