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FIRST CHAIR HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FIRST CHAIR HOLDING A/S
FIRST CHAIR HOLDING A/S (CVR number: 18252481) is a company from KØBENHAVN. The company reported a net sales of 3.9 mDKK in 2025, demonstrating a decline of -44.7 % compared to the previous year. The operating profit percentage was poor at -42.2 % (EBIT: -1.6 mDKK), while net earnings were -707.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent but Return on Equity (ROE) was -2.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.2 %, 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 2.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2024 | 2025 | |
|---|---|---|---|
| Volume | |||
| Net sales | 7 020.83 | 3 880.00 | |
| Gross profit | 5 365.09 | 2 036.59 | |
| EBIT | - 378.12 | -1 638.92 | |
| Net earnings | -3 947.26 | - 707.41 | |
| Shareholders equity total | 35 773.43 | 32 038.40 | |
| Balance sheet total (assets) | 53 444.63 | 51 483.61 | |
| Net debt | -4 442.96 | -5 256.41 | |
| Profitability | |||
| EBIT-% | -5.4 % | -42.2 % | |
| ROA | -3.3 % | 4.5 % | |
| ROE | -11.0 % | -2.1 % | |
| ROI | -3.5 % | 4.8 % | |
| Economic value added (EVA) | -2 844.26 | - 280.18 | -3 631.66 |
| Solvency | |||
| Equity ratio | 66.9 % | 62.2 % | |
| Gearing | 40.7 % | 37.6 % | |
| Relative net indebtedness % | -18.8 % | -42.2 % | |
| Liquidity | |||
| Quick ratio | 2.0 | 2.8 | |
| Current ratio | 2.0 | 2.8 | |
| Cash and cash equivalents | 18 990.05 | 17 297.26 | |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | -80.6 % | 62.4 % | |
| Credit risk | |||
| Credit rating | BBB | A |
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