WILLIS RE NORDIC REINSURANCE BROKING (DENMARK) A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | |
---|---|---|---|
Volume | |||
Net sales | 7 796.00 | 4 167.00 | 4 133.00 |
Gross profit | 5 534.00 | 2 572.00 | 2 936.00 |
EBIT | 3 385.00 | 1 151.00 | 1 670.00 |
Net earnings | 2 638.00 | 930.00 | 1 310.00 |
Shareholders equity total | 3 838.00 | 2 130.00 | 2 510.00 |
Balance sheet total (assets) | 4 972.00 | 3 021.00 | 3 219.00 |
Net debt | -41.00 | -77.00 | - 107.00 |
Profitability | |||
EBIT-% | 43.4 % | 27.6 % | 40.4 % |
ROA | 69.2 % | 30.1 % | 53.9 % |
ROE | 68.7 % | 31.2 % | 56.5 % |
ROI | 89.6 % | 40.3 % | 72.5 % |
Economic value added (EVA) | 2 606.43 | 700.48 | 1 198.26 |
Solvency | |||
Equity ratio | 77.2 % | 70.5 % | 78.0 % |
Gearing | |||
Relative net indebtedness % | 14.0 % | 19.5 % | 14.6 % |
Liquidity | |||
Quick ratio | 4.3 | 3.4 | 4.5 |
Current ratio | 4.3 | 3.4 | 4.5 |
Cash and cash equivalents | 41.00 | 77.00 | 107.00 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | 48.7 % | 50.7 % | 60.3 % |
Credit risk | |||
Credit rating | BBB | BBB | BBB |
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