FIRST INTERCONTINENTAL SOFTWARE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FIRST INTERCONTINENTAL SOFTWARE ApS
FIRST INTERCONTINENTAL SOFTWARE ApS (CVR number: 26368723) is a company from KØBENHAVN. The company recorded a gross profit of 409.8 kDKK in 2021. The operating profit was -1.3 kDKK, while net earnings were -1.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -0.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.5 %, 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 INTERCONTINENTAL SOFTWARE ApS's liquidity measured by quick ratio was 4.9 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 financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 221.17 | 798.55 | 146.89 | 1 036.96 | 409.84 |
EBIT | -49.31 | 366.44 | - 255.71 | 402.68 | -1.30 |
Net earnings | -60.53 | 273.46 | - 209.12 | 304.85 | -1.58 |
Shareholders equity total | - 129.13 | 144.33 | -64.79 | 240.06 | 123.42 |
Balance sheet total (assets) | 127.36 | 595.36 | 290.62 | 681.42 | 155.20 |
Net debt | 161.20 | - 145.08 | 202.18 | - 444.64 | -30.72 |
Profitability | |||||
EBIT-% | |||||
ROA | -12.4 % | 86.0 % | -53.8 % | 77.7 % | -0.3 % |
ROE | -40.7 % | 201.3 % | -96.2 % | 114.9 % | -0.9 % |
ROI | -14.4 % | 124.1 % | -81.4 % | 167.6 % | -0.7 % |
Economic value added (EVA) | -16.70 | 294.29 | - 187.42 | 319.13 | 9.07 |
Solvency | |||||
Equity ratio | -50.3 % | 24.2 % | -18.2 % | 35.2 % | 79.5 % |
Gearing | -155.3 % | 170.1 % | -368.5 % | 0.7 % | 1.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 1.3 | 0.8 | 1.5 | 4.9 |
Current ratio | 0.5 | 1.3 | 0.8 | 1.5 | 4.9 |
Cash and cash equivalents | 39.39 | 390.55 | 36.53 | 446.36 | 32.03 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BBB | B |
Variable visualization
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