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

CVR number: 18252481
Jægersborg Alle 4, 2920 Charlottenlund
soren.kofoed@firstchair.dk
tel: 33131441

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: 18252481) is a company from GENTOFTE. The company reported a net sales of 7 mDKK in 2024, demonstrating a decline of -4.1 % compared to the previous year. The operating profit percentage was poor at -5.4 % (EBIT: -0.4 mDKK), while net earnings were -3947.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.8 %, which can be considered poor and Return on Equity (ROE) was -9.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FIRST CHAIR HOLDING A/S's liquidity measured by quick ratio was 2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales7 020.007 020.007 258.857 320.007 020.83
Gross profit8 140.356 843.874 655.375 298.575 365.09
EBIT3 477.94588.40835.781 081.71- 378.12
Net earnings398.572 309.60-2 488.4812 737.41-3 947.26
Shareholders equity total39 965.4240 952.4138 366.7845 642.3935 773.43
Balance sheet total (assets)65 792.7957 593.2858 814.0168 914.9553 444.63
Net debt-4 295.54-7 081.21- 638.67-4 879.61-4 442.96
Profitability
EBIT-%49.5 %8.4 %11.5 %14.8 %-5.4 %
ROA0.9 %4.1 %0.1 %24.3 %-2.8 %
ROE1.0 %5.7 %-6.3 %30.3 %-9.7 %
ROI1.0 %4.4 %0.2 %26.9 %-3.1 %
Economic value added (EVA)4 666.881 274.87884.741 031.21- 194.54
Solvency
Equity ratio60.7 %71.1 %65.2 %66.2 %66.9 %
Gearing41.6 %31.3 %35.5 %25.6 %40.7 %
Relative net indebtedness %69.7 %-46.4 %85.4 %91.5 %-18.8 %
Liquidity
Quick ratio1.82.32.21.92.0
Current ratio1.82.32.21.92.0
Cash and cash equivalents20 932.3219 898.1714 247.0516 574.6218 990.05
Capital use efficiency
Trade debtors turnover (days)10.415.310.1
Net working capital %-130.2 %-68.2 %-9.3 %-32.9 %-80.6 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:-2.84%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.9%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.