Firstcom Europe A/S — Credit Rating and Financial Key Figures

CVR number: 82567518
Roskildevej 22, 2620 Albertslund
invoice@firstcomeurope.dk
tel: 70106601

Credit rating

Company information

Official name
Firstcom Europe A/S
Personnel
21 persons
Established
1977
Company form
Limited company
Industry
  • Expand more icon61Telecommunications

About Firstcom Europe A/S

Firstcom Europe A/S (CVR number: 82567518) is a company from ALBERTSLUND. The company recorded a gross profit of 17.7 mDKK in 2023. The operating profit was 2880.8 kDKK, while net earnings were 115.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent but Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 13.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Firstcom Europe A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit21 837.9623 837.0123 182.1316 348.4817 666.33
EBIT-1 881.105 911.215 275.33-2 177.862 880.76
Net earnings-1 875.974 249.433 708.78-2 339.78115.07
Shareholders equity total148.884 398.318 107.095 767.315 882.38
Balance sheet total (assets)28 590.1535 762.8639 125.6031 622.8744 751.33
Net debt10 866.446 496.1112 523.4912 364.2526 444.14
Profitability
EBIT-%
ROA-5.1 %18.9 %14.2 %-6.1 %7.6 %
ROE-172.6 %186.9 %59.3 %-33.7 %2.0 %
ROI-11.0 %35.9 %24.4 %-9.2 %9.5 %
Economic value added (EVA)-1 446.114 640.334 210.63-2 124.461 923.48
Solvency
Equity ratio0.5 %12.3 %20.7 %18.2 %13.1 %
Gearing7906.2 %294.9 %171.0 %272.3 %505.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.11.21.20.8
Current ratio1.01.21.31.30.8
Cash and cash equivalents904.366 472.401 339.793 342.273 289.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBA

Variable visualization

ROA:7.57%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:13.1%
Rating: 13/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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