Volante Underwriting Denmark A/S — Credit Rating and Financial Key Figures

Volante Underwriting Denmark A/S (CVR number: 43407120) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -3418 kDKK in 2023. The operating profit was -6532.8 kDKK, while net earnings were -6763.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -97 %, which can be considered poor and Return on Equity (ROE) was -290.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -64.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Volante Underwriting Denmark A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.