PRIME ASSURANCE FORSIKRINGSMÆGLERSELSKAB A/S — Credit Rating and Financial Key Figures

CVR number: 35513930
Korskildelund 6, 2670 Greve
Free credit report Annual report

Credit rating

Company information

Official name
PRIME ASSURANCE FORSIKRINGSMÆGLERSELSKAB A/S
Personnel
6 persons
Established
2013
Company form
Limited company
Industry

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 3151.4 kDKK in 2024. The operating profit was 45.7 kDKK, while net earnings were 15.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak and Return on Equity (ROE) was 2.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 38.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. PRIME ASSURANCE FORSIKRINGSMÆGLERSELSKAB A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 854.542 530.713 187.422 988.623 151.40
EBIT486.22-9.1927.96- 240.7245.65
Net earnings341.08-35.17-12.70- 221.5515.79
Shareholders equity total932.12896.95884.25399.87715.66
Balance sheet total (assets)2 013.941 925.351 686.661 375.791 843.79
Net debt694.01697.87452.16489.12630.19
Profitability
EBIT-%
ROA24.1 %-0.5 %1.5 %-15.7 %3.8 %
ROE44.8 %-3.8 %-1.4 %-34.5 %2.8 %
ROI28.5 %-0.5 %1.8 %-21.2 %5.3 %
Economic value added (EVA)293.72-96.98-56.78- 263.73-14.27
Solvency
Equity ratio46.3 %46.6 %52.4 %29.1 %38.8 %
Gearing90.4 %88.0 %52.2 %132.3 %89.1 %
Relative net indebtedness %
Liquidity
Quick ratio4.33.63.21.21.1
Current ratio4.33.63.21.21.1
Cash and cash equivalents148.4191.739.3040.017.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:3.76%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.8%
Rating: 32/100
-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

CreditReports API
  • Company information
  • Financial data
  • Credit risk data
  • All 400,000+ Danish companies

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.