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Solid Försäkringsaktiebolag (publ)

Solid Försäkringsaktiebolag (publ) provides non-life insurance to private and business customers in Sweden, Denmark, Norway, Finland, and internationally. The company operates through three segments: Personal Safety, Product, and Assistance. The Personal Safety segment offers income insurance, payment protection insurance, and accident insurance. The Product segment provides all-risk coverage insurance and elimination of deductibles for various product categories in the form of individual insurance and group insurances for bicycles and consumer electronics, as well as white goods, garden tools, glasses, watches, and jewelry. The Assistance segment offers roadside assistance, insurance associated with vehicle warranties, and various insurance products for the travel industry. The company serves its products through retail chains, banks, credit institutions, travel agents, and car dealerships, as well as directly to consumers. The company was incorporated in 1993 and is based in Helsingborg, Sweden.

Market Cap

SEK 1.6B

Volume

19.1K

Cash and Equivalents

SEK 251.4M

EBITDA

SEK 189.6M

Tax Rate Collected

N/A

Tax Rate Ratio

N/A

Gross Profit

SEK 868.9M

Profit Margin

76.01%

52 Week High

SEK 89.90

52 Week Low

SEK 71.80

Dividend

5.58%

Price / Book Value

3.17

Price / Earnings

11.48

Price / Tangible Book Value

3.35

Enterprise Value

SEK 1.4B

Enterprise Value / EBITDA

7.12

Operating Income

SEK 182.4M

Return on Equity

28.44%

Return on Assets

6.57

Cash and Short Term Investments

SEK 251.4M

Debt

N/A

Equity

SEK 505.6M

Revenue

SEK 1.1B

Unlevered FCF

SEK 123.1M

Sector

Insurance

Category

N/A

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