WILLIS RE NORDIC REINSURANCE BROKING (DENMARK) A/S — Credit Rating and Financial Key Figures

CVR number: 12484399
Rundforbivej 303, 2850 Nærum
tel: 39762494

Credit rating

Company information

Official name
WILLIS RE NORDIC REINSURANCE BROKING (DENMARK) A/S
Personnel
1 person
Established
1988
Company form
Limited company
Industry
  • Expand more icon66Activities auxiliary to financial services and insurance activities

About WILLIS RE NORDIC REINSURANCE BROKING (DENMARK) A/S

WILLIS RE NORDIC REINSURANCE BROKING (DENMARK) A/S (CVR number: 12484399) is a company from RUDERSDAL. The company reported a net sales of 4.1 mDKK in 2018, demonstrating a decline of -0.8 % compared to the previous year. The operating profit percentage was at 40.4 % (EBIT: 1.7 mDKK), while net earnings were 1310 kDKK. The profitability of the company measured by Return on Assets (ROA) was 53.9 %, which can be considered excellent and Return on Equity (ROE) was 56.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. WILLIS RE NORDIC REINSURANCE BROKING (DENMARK) A/S's liquidity measured by quick ratio was 4.5 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
201620172018
Volume
Net sales7 796.004 167.004 133.00
Gross profit5 534.002 572.002 936.00
EBIT3 385.001 151.001 670.00
Net earnings2 638.00930.001 310.00
Shareholders equity total3 838.002 130.002 510.00
Balance sheet total (assets)4 972.003 021.003 219.00
Net debt-41.00-77.00- 107.00
Profitability
EBIT-%43.4 %27.6 %40.4 %
ROA69.2 %30.1 %53.9 %
ROE68.7 %31.2 %56.5 %
ROI89.6 %40.3 %72.5 %
Economic value added (EVA)2 606.43700.481 198.26
Solvency
Equity ratio77.2 %70.5 %78.0 %
Gearing
Relative net indebtedness %14.0 %19.5 %14.6 %
Liquidity
Quick ratio4.33.44.5
Current ratio4.33.44.5
Cash and cash equivalents41.0077.00107.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %48.7 %50.7 %60.3 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:53.9%
Rating: 97/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.0%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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