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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

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 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2024
2025
Volume
Net sales7 020.833 880.00
Gross profit5 365.092 036.59
EBIT- 378.12-1 638.92
Net earnings-3 947.26- 707.41
Shareholders equity total35 773.4332 038.40
Balance sheet total (assets)53 444.6351 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 ratio66.9 %62.2 %
Gearing40.7 %37.6 %
Relative net indebtedness %-18.8 %-42.2 %
Liquidity
Quick ratio2.02.8
Current ratio2.02.8
Cash and cash equivalents18 990.0517 297.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-80.6 %62.4 %
Credit risk
Credit ratingBBBA

Variable visualization

ROA:4.47%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:62.2%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
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Roles

Board member

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