Firstline IT ApS — Credit Rating and Financial Key Figures

CVR number: 39672367
Rolundvej 1, Hjallese 5260 Odense S
ld@firstlineit.dk
tel: 70222330
www.firstlineit.dk
Free credit report Annual report

Credit rating

Company information

Official name
Firstline IT ApS
Personnel
7 persons
Established
2018
Domicile
Hjallese
Company form
Private limited company
Industry

About Firstline IT ApS

Firstline IT ApS (CVR number: 39672367) is a company from ODENSE. The company recorded a gross profit of 8407.7 kDKK in 2025. The operating profit was 3445.8 kDKK, while net earnings were 2658 kDKK. The profitability of the company measured by Return on Assets (ROA) was 32.4 %, which can be considered excellent and Return on Equity (ROE) was 73.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Firstline IT ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit1 925.002 783.003 063.008 641.798 407.67
EBIT382.00754.00140.004 739.663 445.83
Net earnings289.00537.00- 106.003 637.012 658.03
Shareholders equity total673.001 010.001 189.004 036.413 194.45
Balance sheet total (assets)2 636.002 891.003 424.009 357.2412 057.00
Net debt-51.00- 343.00- 706.00-3 992.35-5 968.74
Profitability
EBIT-%
ROA22.2 %27.3 %4.4 %74.5 %32.4 %
ROE54.7 %63.8 %-9.6 %139.2 %73.5 %
ROI52.9 %63.7 %9.8 %161.6 %90.9 %
Economic value added (EVA)282.19561.9831.963 615.672 462.43
Solvency
Equity ratio17.0 %25.8 %28.9 %43.1 %26.5 %
Gearing42.1 %29.9 %27.1 %8.5 %1.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.81.01.71.3
Current ratio0.50.81.01.71.3
Cash and cash equivalents334.00645.001 028.004 333.506 027.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:32.4%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.5%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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