FORSIKRINGSMÆGLER DANMARK A/S — Credit Rating and Financial Key Figures

CVR number: 31069483
Kaj Munks Vej 4, 7400 Herning

Credit rating

Company information

Official name
FORSIKRINGSMÆGLER DANMARK A/S
Established
2007
Company form
Limited company
Industry
  • Expand more icon65Insurance, reinsurance and pension funding, except compulsory social security

About FORSIKRINGSMÆGLER DANMARK A/S

FORSIKRINGSMÆGLER DANMARK A/S (CVR number: 31069483) is a company from HERNING. The company recorded a gross profit of 56.9 kDKK in 2018. The operating profit was 56.9 kDKK, while net earnings were 48.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good but Return on Equity (ROE) was 7.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 89.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FORSIKRINGSMÆGLER DANMARK A/S's liquidity measured by quick ratio was 9.3 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
201620172018
Volume
Net sales
Gross profit231.14158.8656.95
EBIT231.14158.8656.95
Net earnings168.06129.5648.74
Shareholders equity total685.32714.88563.62
Balance sheet total (assets)1 186.86817.73629.13
Net debt404.29- 366.03- 381.29
Profitability
EBIT-%
ROA22.2 %17.9 %9.2 %
ROE24.5 %18.5 %7.6 %
ROI22.8 %19.1 %10.4 %
Economic value added (EVA)171.7992.8026.90
Solvency
Equity ratio57.7 %87.4 %89.6 %
Gearing69.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.37.89.3
Current ratio2.37.89.3
Cash and cash equivalents69.75366.03381.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:9.18%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.6%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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