Riskpilot← Back to searchSign inGet full accessbalticfinance Danmark A/S
A/SActiveCVR 27959954Lagergade 11, 2.Activities of insurance agents and brokers · NACE 6622Est. 200484 employeeshttps://www.balticfinance.com/en/
Revenue 2024
DKK 94,8M
+21% vs 2023
EBITDA margin
59.5%
-11% vs 2023
Equity ratio
34.6%
Financial strength
Net profit 2024
DKK 27,8M
-43% vs 2023
| Revenue | DKK 94,8M | +21% |
| EBITDA | DKK 56,5M | -11% |
| Net profit | DKK 27,8M | -43% |
| Total assets | DKK 334,4M | +53% |
| Equity | DKK 115,8M | +106% |
| Employees | 84 | — |
Legal name
balticfinance Danmark A/S
CVR number
27959954
Legal form
Aktieselskab
NACE code
6622 · Activities of insurance agents and brokers
Founded
5. november 2004
Share capital
DKK 500.000
Employees
84 (FTE)
VAT registered
Yes
Audit selected
Yes
Last report
2024-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af en direktør i fællesskab med et bestyrelsesmedlem eller af den samlede bestyrelse.
Company purpose
Selskabets formål er at udvikle og markedsføre forsikringskoncepter overfor forsikringsmæglere og forsikringsagenter og drive anden hermed beslægtet virksomhed efter bestyrelsens beslutning.
Address
Lagergade 11, 2.
Phone
+4570250108
Email
info@balticfinance.com
Website
https://www.balticfinance.com/en/
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| Item | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.413 | 1.961 | 3.222 | 3.133 | 2.570 | 1.491 | 1.486 | 2.284 | 9.862 | 44.799 | 51.549 | 78.368 | 94.823 |
| Staff expenses | -0 | -0 | -0 | -0 | -0 | -0 | -441 | -780 | -547 | -4.444 | -9.699 | -14.921 | -38.366 |
| EBITDA | 908 | 1.292 | 2.329 | 3.133 | 2.570 | 1.671 | 1.045 | 1.504 | 9.315 | 40.354 | 41.850 | 63.448 | 56.457 |
| Depreciation & amort. | -130 | -130 | -130 | -130 | -130 | -130 | -417 | -417 | -440 | -417 | -417 | -1.672 | -115 |
| EBIT | 778 | 1.162 | 2.199 | 3.003 | 2.440 | 1.541 | 628 | 1.087 | 8.875 | 39.938 | 41.433 | 61.776 | 56.342 |
| Net financials | 31 | -104 | -138 | -198 | 463 | 137 | 189 | 655 | -1.983 | 1.188 | 2.640 | 1.183 | -14.391 |
| Profit before tax | 808 | 1.058 | 2.061 | 2.805 | 2.904 | 1.678 | 817 | 1.742 | 6.892 | 41.125 | 44.073 | 62.959 | 41.951 |
| Tax | 46 | 46 | 530 | 501 | 196 | 296 | 128 | 281 | 1.974 | 8.789 | 9.342 | 13.887 | 14.147 |
| Net profit | 762 | 1.012 | 1.532 | 2.304 | 2.708 | 1.382 | 688 | 1.461 | 4.918 | 32.337 | 34.731 | 49.072 | 27.803 |
| Item | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 4.596 | 5.662 | 10.545 | 14.841 | 20.305 | 17.692 | 20.048 | 17.087 | 22.210 | 45.004 | 123.380 | 217.853 | 334.399 |
| Equity | 2.160 | 3.171 | 4.703 | 7.007 | 8.686 | 9.693 | 10.381 | 11.842 | 16.760 | 31.897 | 46.627 | 56.118 | 115.762 |
| Long-term debt | 1.863 | 1.737 | 1.577 | 1.286 | 0 | 0 | 0 | 0 | 2.521 | 9.512 | 56.670 | 57.643 | 72.364 |
| Short-term debt | 80 | 240 | 310 | 397 | 1.199 | 3.245 | 8.036 | 2.764 | 1.816 | 3.205 | 19.635 | 104.092 | 146.273 |
| Total debt | 481 | 614 | 3.596 | 5.545 | 10.243 | 6.376 | 8.036 | 3.585 | 4.337 | 12.717 | 76.305 | 161.735 | 218.637 |
EBITDA margin
59.5%
This company
15.8%
Market median
+277% vs market
20122024
Equity ratio
34.6%
This company
38.2%
Market median
+9% vs market
20122024
Return on equity
24.0%
This company
18.4%
Market median
+30% vs market
20122024
Net profit margin
29.3%
This company
8.1%
Market median
+262% vs market
20122024
Asset turnover
0.28×
This company
1.12×
Market median
-75% vs market
20122024
Debt / equity
1.89×
This company
0.62×
Market median
-205% vs market
20122024
- Annual report 2024Filed via CVR / Virk · Period 2023-10-01 – 2024-12-31
- Annual report 2023Filed via CVR / Virk · Period 2022-10-01 – 2023-09-30
- Annual report 2022Filed via CVR / Virk · Period 2021-10-01 – 2022-09-30
- Annual report 2021Filed via CVR / Virk · Period 2020-10-01 – 2021-09-30
- Annual report 2020Filed via CVR / Virk · Period 2019-10-01 – 2020-09-30
- Annual report 2019Filed via CVR / Virk · Period 2018-10-01 – 2019-09-30
- Annual report 2018Filed via CVR / Virk · Period 2017-10-01 – 2018-09-30
- Annual report 2017Filed via CVR / Virk · Period 2016-10-01 – 2017-09-30
- Annual report 2016Filed via CVR / Virk · Period 2015-10-01 – 2016-09-30
- Annual report 2015Filed via CVR / Virk · Period 2014-10-01 – 2015-09-30
- Annual report 2014Filed via CVR / Virk · Period 2013-10-01 – 2014-09-30
- Annual report 2013Filed via CVR / Virk · Period 2012-10-01 – 2013-09-30
- Annual report 2012Filed via CVR / Virk · Period 2011-10-01 – 2012-09-30
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
PB Chief Executive Officer | Chief Executive Officer | 2021 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Chairman | 2021 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2012 | — | — | |
| Board of Directors | 2015 | — | — | |
| Board of Directors | 2012 | — | — | |
| Board of Directors | 2012 | — | — | |
| Board of Directors | 2018 | — | — | |
| Board of Directors | 2012 | — | — | |
| Board of Directors | 2012 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
WECOYA DENMARK UNDERWRITING ApS | Company | 100.0% | 100.0% | 2025 |
NYKREDIT BANK A/S | Company | 0.0% | 100.0% | 2016 |
balticfinance Holding ApS | Company | 100.0% | 100.0% | 2005 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
WECOYA DENMARK UNDERWRITING ApS
balticfinance Danmark A/S Board members of balticfinance Danmark A/S also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Peter Bangsgaard | Chief Executive Officer | 0 companies |
| Klaus-Dieter Hermann Krützfeldt | Chairman | 0 companies |
| Dennis Tveen Knudsen | Board of Directors | 0 companies |
| Søren Kjær Ostersen | Board of Directors | 0 companies |
| Christian Krützfeldt | Board of Directors | 0 companies |
| Angelica Cathrine Lauritzen | Board of Directors | 0 companies |
| Irene Henriette Oestrich | Board of Directors | 0 companies |
| Philipp Brodersen | Board of Directors | 0 companies |
| Grazyna Ewa Perko | Board of Directors | 0 companies |
| Brigitte Küchenthal | Board of Directors | 0 companies |