FIRST CHAIR HOLDING A/S — Credit Rating and Financial Key Figures

FIRST CHAIR HOLDING A/S (CVR number: 18252481K) is a company from GENTOFTE. The company reported a net sales of 259 mDKK in 2024, demonstrating a decline of -14 % compared to the previous year. The operating profit percentage was poor at -1.6 % (EBIT: -4.2 mDKK), while net earnings were -5063.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.8 %, which can be considered poor and Return on Equity (ROE) was -12.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.3 %, 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. FIRST CHAIR HOLDING A/S'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.