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Alm Brand AS (FRA:1AM) Altman Z-Score


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What is Alm Brand AS Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.

Alm Brand AS Business Description

Industry
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Traded in Other Exchanges
ALMBc:UK 0DJI:UK ALMB:Denmark
Address
Midtermolen 7, Copenhagen, DNK, DK-2100
Website
https://www.almbrand.dk
Alm Brand AS is a Danish investment holding company. Along with its subsidiaries, it offers insurance solutions, under various brands, to its customers. Its business segments include the personal Lines segment which comprises sales of insurance to private households through its own sales channels and partnerships, the Commercial Lines segment which comprises sales to agricultural and commercial customers through its own sales channels and partnership, and the Non-life insurance segment which is also its key revenue generating segment. Geographically, the company generates the majority of its revenue from Denmark and the rest from North America and other regions.