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First Chair Group A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About First Chair Group A/S
First Chair Group A/S (CVR number: 39602318) is a company from KØBENHAVN. The company recorded a gross profit of 1895.5 kDKK in 2025. The operating profit was -1771.2 kDKK, while net earnings were -1444 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.8 %, which can be considered poor and Return on Equity (ROE) was -20.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -25.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. First Chair Group A/S's liquidity measured by quick ratio was 0.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 163.02 | 2 282.84 | 4 004.31 | 4 199.06 | 1 895.48 |
| EBIT | -57.14 | - 224.65 | - 573.70 | 14.82 | -1 771.15 |
| Net earnings | -48.55 | - 195.01 | - 559.06 | -74.07 | -1 444.01 |
| Shareholders equity total | 458.08 | 263.07 | - 295.99 | - 370.06 | -1 814.07 |
| Balance sheet total (assets) | 2 248.58 | 1 810.84 | 9 334.27 | 8 656.46 | 5 305.89 |
| Net debt | 573.14 | 1 164.02 | 6 350.93 | 8 426.61 | 6 725.07 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -3.0 % | -10.1 % | -9.8 % | 1.9 % | -20.8 % |
| ROE | -10.1 % | -54.1 % | -11.7 % | -0.8 % | -20.7 % |
| ROI | -5.4 % | -16.6 % | -10.9 % | 2.0 % | -22.0 % |
| Economic value added (EVA) | -70.52 | - 227.04 | - 519.42 | - 414.06 | -1 789.78 |
| Solvency | |||||
| Equity ratio | 20.4 % | 14.5 % | -3.1 % | -4.1 % | -25.5 % |
| Gearing | 125.1 % | 442.5 % | -2951.0 % | -2291.8 % | -372.5 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.3 | 1.2 | 1.0 | 0.9 | 0.7 |
| Current ratio | 1.3 | 1.2 | 1.0 | 0.9 | 0.7 |
| Cash and cash equivalents | 2 383.75 | 54.60 | 31.90 | ||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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