FORSIKRINGSFORENINGEN GF - VETERAN F.M.B.A.

CVR number: 34877688
Vinterbuen 9, 2750 Ballerup

Credit rating

Company information

Official name
FORSIKRINGSFORENINGEN GF - VETERAN F.M.B.A.
Personnel
6 persons
Established
2004
Industry
  • Expand more icon66Activities auxiliary to financial services and insurance activities

About FORSIKRINGSFORENINGEN GF - VETERAN F.M.B.A.

FORSIKRINGSFORENINGEN GF - VETERAN F.M.B.A. (CVR number: 34877688) is a company from BALLERUP. The company recorded a gross profit of 1318.1 kDKK in 2023. The operating profit was 705 kDKK, while net earnings were 711.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.9 %, which can be considered good and Return on Equity (ROE) was 12.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 91.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FORSIKRINGSFORENINGEN GF - VETERAN F.M.B.A.'s liquidity measured by quick ratio was 9.7 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
20192020202120222023
Volume
Net sales
Gross profit997.441 105.99982.03929.551 318.09
EBIT466.58598.84477.80415.34704.99
Net earnings466.84598.55472.77407.59711.93
Shareholders equity total3 761.164 359.724 836.905 244.495 956.43
Balance sheet total (assets)5 060.685 900.095 406.485 476.046 492.64
Net debt-4 605.10-4 995.04-4 980.74-4 328.40-4 622.39
Profitability
EBIT-%
ROA9.7 %10.9 %8.5 %7.6 %11.9 %
ROE13.2 %14.7 %10.3 %8.1 %12.7 %
ROI13.2 %14.7 %10.4 %8.2 %12.7 %
Economic value added (EVA)502.99640.96511.24422.56658.96
Solvency
Equity ratio74.3 %73.9 %89.5 %95.8 %91.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio3.83.79.318.89.7
Current ratio3.83.79.318.89.7
Cash and cash equivalents4 605.104 995.044 980.744 328.404 622.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:11.9%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.7%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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