Forsikringsagenturet Midtforsikring ApS

CVR number: 35470964
Nygade 15, 6300 Gråsten
mail@midtforsikring.dk
tel: 42411727

Credit rating

Company information

Official name
Forsikringsagenturet Midtforsikring ApS
Established
2013
Company form
Private limited company
Industry
  • Expand more icon66Activities auxiliary to financial services and insurance activities

About Forsikringsagenturet Midtforsikring ApS

Forsikringsagenturet Midtforsikring ApS (CVR number: 35470964) is a company from SØNDERBORG. The company recorded a gross profit of 354.5 kDKK in 2016. The operating profit was 80.1 kDKK, while net earnings were 49.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 96.2 %, which can be considered excellent and Return on Equity (ROE) was 66 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -10.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Forsikringsagenturet Midtforsikring ApS's liquidity measured by quick ratio was 0.8 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
2016
Volume
Net sales
Gross profit354.53
EBIT80.12
Net earnings49.27
Shareholders equity total-8.61
Balance sheet total (assets)74.69
Net debt-9.53
Profitability
EBIT-%
ROA96.2 %
ROE66.0 %
ROI714.1 %
Economic value added (EVA)57.03
Solvency
Equity ratio-10.3 %
Gearing-130.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.8
Current ratio0.8
Cash and cash equivalents20.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingB

Variable visualization

ROA:96.2%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-10.3%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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