CIBA Insurance Brokers P/S — Credit Rating and Financial Key Figures

CVR number: 36025565
Borupvang 3, 2750 Ballerup
info@ciba.dk
tel: 72170707
www.ciba.dk

Company information

Official name
CIBA Insurance Brokers P/S
Personnel
10 persons
Established
2014
Industry

About CIBA Insurance Brokers P/S

CIBA Insurance Brokers P/S (CVR number: 36025565) is a company from BALLERUP. The company recorded a gross profit of 4816.3 kDKK in 2023. The operating profit was -1336.5 kDKK, while net earnings were -1483.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.1 %, which can be considered poor and Return on Equity (ROE) was -128.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 4.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. CIBA Insurance Brokers P/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit1 984.584 171.865 098.056 204.054 816.29
EBIT445.521 617.73- 795.87559.55-1 336.53
Net earnings308.551 588.68- 857.68469.83-1 483.06
Shareholders equity total694.162 282.841 425.151 894.98411.93
Balance sheet total (assets)3 610.885 679.209 540.686 504.038 417.42
Net debt-1 018.14-1 920.45-1 324.22-1 709.53-2 277.64
Profitability
EBIT-%
ROA20.2 %34.9 %-10.4 %7.0 %-17.1 %
ROE57.2 %106.7 %-46.3 %28.3 %-128.6 %
ROI76.5 %103.7 %-33.3 %23.4 %-68.5 %
Economic value added (EVA)334.551 636.56- 814.08596.64-1 315.51
Solvency
Equity ratio19.2 %40.2 %14.9 %29.1 %4.9 %
Gearing4.2 %58.9 %31.9 %195.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.71.21.40.7
Current ratio1.21.71.21.40.7
Cash and cash equivalents1 047.071 920.452 163.212 313.333 083.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBB

Variable visualization

ROA:-17.1%
Rating: 3/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:4.89%
Rating: 5/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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