Atlantic Insurance Company Public LTD
ISIN: CY0006010314 | Ticker: ATL | LEI: 213800ZUWYFW5BADU685
Country: Cyprus
ATLANTIC is a Cypriot owned and Cyprus based Insurance Company that addresses the personal and commercial general insurance needs of the Cyprus market. Our core business objective is to provide our clients with comprehensive protection against potential risks they may encounter in both their private lives and business activities.
Our long experience and extensive knowledge of the Cyprus market enables us to fully understand the present and future requirements of our clients. We take pride in our ability to promptly respond to the differing needs of our clients by developing personalized insurance solutions.
Our differentiating strength lies in our customer-centric outlook and our strong belief in creating long-standing personal and cordial relationships with our clients and business associates.
What sets us apart and ahead from the rest of the market is our distinguished level of customer service, which is founded upon direct, personal client contact.
1983
Served areaEurope
Headquarters15 Esperidon Str. 2001 Strovolos, 1301 Nicosia – Cyprus
| Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 |
|---|---|---|---|
| Assets | N/A | 63,609,000.00 | 75,043,000.00 |
| Property Plant And Equipment | N/A | 6,271,000.00 | 6,282,000.00 |
| Investment Property | N/A | 4,311,000.00 | 4,314,000.00 |
| Intangible Assets Other Than Goodwill | N/A | 88,000.00 | 88,000.00 |
| Longterm Deposits | N/A | 5,265,000.00 | 5,222,000.00 |
| Cash and cash equivalents | 10,904,000.00 | 11,474,000.00 | 12,301,000.00 |
| Equity And Liabilities | N/A | 63,609,000.00 | 75,043,000.00 |
| Equity | 38,908,000.00 | 39,960,000.00 | 48,682,000.00 |
| Issued Capital | N/A | 13,241,000.00 | 13,241,000.00 |
| Retained Earnings | N/A | 21,483,000.00 | 29,952,000.00 |
| Other Reserves | N/A | 4,899,000.00 | 5,086,000.00 |
| Equity Attributable To Owners Of Parent | N/A | 39,623,000.00 | 48,279,000.00 |
| Noncontrolling Interests | N/A | 337,000.00 | 403,000.00 |
| Liabilities | N/A | 23,649,000.00 | 26,361,000.00 |
| Deferred Tax Liabilities | N/A | 47,000.00 | 34,000.00 |
| Line item in (eur) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
|---|---|---|
| Revenue | 19,656,000.00 | 19,470,000.00 |
| Insurance Revenue | 22,346,000.00 | 21,388,000.00 |
| Profit Loss From Operating Activities | 5,865,000.00 | 4,456,000.00 |
| Profit Loss Before Tax | 4,610,000.00 | 12,469,000.00 |
| Income Tax Expense Continuing Operations | 865,000.00 | 614,000.00 |
| Profit (loss) | 3,745,000.00 | 11,855,000.00 |
| Profit Loss Attributable To Owners Of Parent | 3,746,000.00 | 11,787,000.00 |
| Profit Loss Attributable To Noncontrolling Interests | 1,000.00 | -68,000.00 |
| Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 |
|---|---|---|---|
| Profit (loss) | N/A | 3,745,000.00 | 11,855,000.00 |
| Adjustments For Finance Costs | N/A | 80,000.00 | 86,000.00 |
| Adjustments For Depreciation And Amortisation Expense | N/A | 346,000.00 | 295,000.00 |
| Cash Flows From Used In Operations | N/A | 4,882,000.00 | 6,360,000.00 |
| Interest Paid Classified As Operating Activities | N/A | 80,000.00 | 86,000.00 |
| Cash Flows From Used In Operating Activities | N/A | 3,782,000.00 | 5,757,000.00 |
| Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | N/A | 0.00 | 2,000.00 |
| Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | N/A | 4,000.00 | 2,000.00 |
| Purchase Of Property Plant And Equipment Classified As Investing Activities | N/A | 120,000.00 | 79,000.00 |
| Purchase Of Intangible Assets Classified As Investing Activities | N/A | 49,000.00 | 91,000.00 |
| Dividends Received Classified As Investing Activities | N/A | 358,000.00 | 496,000.00 |
| Interest Received Classified As Investing Activities | N/A | 528,000.00 | 541,000.00 |
| Cash Flows From Used In Investing Activities | N/A | -675,000.00 | -1,620,000.00 |
| Payments Of Lease Liabilities Classified As Financing Activities | N/A | 6,000.00 | 0.00 |
| Dividends Paid Classified As Financing Activities | N/A | 2,531,000.00 | 3,310,000.00 |
| Cash Flows From Used In Financing Activities | N/A | -2,537,000.00 | -3,310,000.00 |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | N/A | 570,000.00 | 827,000.00 |
| Cash and cash equivalents | 10,904,000.00 | 11,474,000.00 | 12,301,000.00 |
Please note that some sums might not add up.
CY0006010314
LEI213800ZUWYFW5BADU685
SectorCSE General Index
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