PRIME ASSURANCE FORSIKRINGSMÆGLERSELSKAB A/S

CVR number: 35513930
Korskildelund 6, 2670 Greve

Credit rating

Company information

Official name
PRIME ASSURANCE FORSIKRINGSMÆGLERSELSKAB A/S
Personnel
6 persons
Established
2013
Company form
Limited company
Industry
  • Expand more icon66Activities auxiliary to financial services and insurance activities

About PRIME ASSURANCE FORSIKRINGSMÆGLERSELSKAB A/S

PRIME ASSURANCE FORSIKRINGSMÆGLERSELSKAB A/S (CVR number: 35513930) is a company from GREVE. The company recorded a gross profit of 2988.6 kDKK in 2023. The operating profit was -240.7 kDKK, while net earnings were -221.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.5 %, which can be considered poor and Return on Equity (ROE) was -28.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.4 %, 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. PRIME ASSURANCE FORSIKRINGSMÆGLERSELSKAB A/S's liquidity measured by quick ratio was 2.6 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 profit2 852.652 854.542 530.713 187.422 988.62
EBIT91.62486.22-9.1927.96- 240.72
Net earnings33.31341.08-35.17-12.70- 221.55
Shareholders equity total591.04932.12896.95884.25662.71
Balance sheet total (assets)2 021.782 013.941 925.351 686.661 638.63
Net debt1 006.35694.01697.87452.16450.39
Profitability
EBIT-%
ROA4.5 %24.1 %-0.5 %1.5 %-14.5 %
ROE5.8 %44.8 %-3.8 %-1.4 %-28.6 %
ROI5.6 %28.5 %-0.5 %1.8 %-19.3 %
Economic value added (EVA)57.61337.40-59.45-20.83- 243.41
Solvency
Equity ratio29.2 %46.3 %46.6 %52.4 %40.4 %
Gearing177.0 %90.4 %88.0 %52.2 %74.0 %
Relative net indebtedness %
Liquidity
Quick ratio3.34.33.63.22.6
Current ratio3.34.33.63.22.6
Cash and cash equivalents39.72148.4191.739.3040.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-14.5%
Rating: 6/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.4%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Chief executive officer

Companies in the same industry

Build time: 2024-10-21T13:51:26.142Z

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