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

CVR number: 18252481
Vester Farimagsgade 41, 1606 København V
soren.kofoed@firstchair.dk
tel: 33131441

Credit rating

Company information

Official name
FIRST CHAIR HOLDING A/S
Personnel
2 persons
Established
1994
Company form
Limited company
Industry

About FIRST CHAIR HOLDING A/S

FIRST CHAIR HOLDING A/S (CVR number: 18252481K) is a company from KØBENHAVN. The company reported a net sales of 186.5 mDKK in 2025, demonstrating a decline of -28 % compared to the previous year. The operating profit percentage was at 0.2 % (EBIT: 0.5 mDKK), while net earnings were -2140.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak but Return on Equity (ROE) was -6.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.7 %, 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales258 950.94186 472.99
Gross profit152 196.50162 484.99190 137.07171 886.69134 755.75
EBIT152 196.50162 484.99190 137.07-4 167.77450.64
Net earnings4 448.22-1 808.7517 769.84-5 063.79-2 140.24
Shareholders equity total49 062.0545 580.5256 270.6642 326.8834 410.54
Balance sheet total (assets)156 982.18151 388.31148 166.96128 046.1591 179.18
Net debt12 001.318 802.56
Profitability
EBIT-%-1.6 %0.2 %
ROA91.2 %105.4 %126.9 %-0.8 %1.6 %
ROE10.0 %-3.8 %34.9 %-11.0 %-6.3 %
ROI108.7 %105.4 %126.9 %-1.0 %2.3 %
Economic value added (EVA)148 371.98160 019.62187 846.65-5 786.72-3 614.79
Solvency
Equity ratio100.0 %100.0 %100.0 %33.1 %37.7 %
Gearing83.3 %86.7 %
Relative net indebtedness %22.5 %17.6 %
Liquidity
Quick ratio1.21.3
Current ratio1.21.3
Cash and cash equivalents23 243.9621 035.16
Capital use efficiency
Trade debtors turnover (days)45.028.5
Net working capital %-2.2 %-2.2 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:1.58%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:37.7%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
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Roles

Board member

Companies in the same industry

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