FirstVet ApS

CVR number: 40541012
Amaliegade 6, 1256 København K
www.firstvet.com

Credit rating

Company information

Official name
FirstVet ApS
Personnel
7 persons
Established
2019
Company form
Private limited company
Industry
  • Expand more icon75Veterinary activities

About the company

FirstVet ApS (CVR number: 40541012) is a company from KØBENHAVN. The company recorded a gross profit of 1973.9 kDKK in 2023. The operating profit was -1264.6 kDKK, while net earnings were -4256.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.8 %, which can be considered poor and Return on Equity (ROE) was -170.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -89.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FirstVet ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit- 269.49- 670.901 532.291 973.95
EBIT-1 362.05-2 957.95-4 247.90-2 701.08-1 264.63
Net earnings-1 074.70-2 333.77-3 331.97-2 307.90-4 256.13
Shareholders equity total-1 034.70-2 568.74-2 900.72-5 208.62-9 464.75
Balance sheet total (assets)992.291 446.302 912.313 915.601 065.15
Net debt1 304.103 112.473 859.237 495.299 126.95
Profitability
EBIT-%
ROA-67.2 %-97.9 %-86.2 %-36.2 %-12.8 %
ROE-108.3 %-191.4 %-152.9 %-67.6 %-170.9 %
ROI-81.4 %-118.3 %-107.6 %-41.5 %-13.9 %
Economic value added (EVA)-1 062.40-2 236.76-3 135.06-1 736.40- 397.67
Solvency
Equity ratio-51.0 %-64.0 %-49.9 %-57.1 %-89.9 %
Gearing-161.7 %-129.3 %-156.9 %-162.4 %-102.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.40.50.40.1
Current ratio0.50.40.50.40.1
Cash and cash equivalents369.42210.05692.81965.97567.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:-12.8%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-89.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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