FIR HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29313253
Østergade 21, 9320 Hjallerup

Credit rating

Company information

Official name
FIR HOLDING ApS
Established
2006
Company form
Private limited company
Industry

About FIR HOLDING ApS

FIR HOLDING ApS (CVR number: 29313253) is a company from Brønderslev. The company reported a net sales of 1.1 mDKK in 2023, demonstrating a decline of -43 % compared to the previous year. The operating profit percentage was at 92.4 % (EBIT: 1 mDKK), while net earnings were 1454 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.6 %, which can be considered excellent and Return on Equity (ROE) was 27.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 97.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FIR HOLDING ApS's liquidity measured by quick ratio was 34.2 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
2019
2020
2021
2022
2023
Volume
Net sales330.27695.581 785.901 895.561 079.56
Gross profit314.26687.761 773.451 457.03997.19
EBIT314.26687.761 773.451 457.03997.19
Net earnings315.76688.971 770.991 485.261 454.00
Shareholders equity total837.051 526.023 184.014 554.875 891.07
Balance sheet total (assets)843.861 532.833 191.664 580.186 068.31
Net debt- 265.96- 256.44- 512.89-4 325.65-4 969.44
Profitability
EBIT-%95.2 %98.9 %99.3 %76.9 %92.4 %
ROA36.3 %58.1 %75.2 %39.0 %29.6 %
ROE46.5 %58.3 %75.2 %38.4 %27.8 %
ROI36.5 %58.4 %75.4 %39.2 %30.2 %
Economic value added (EVA)361.62701.381 821.881 630.44907.48
Solvency
Equity ratio99.2 %99.6 %99.8 %99.4 %97.1 %
Gearing0.0 %0.0 %0.0 %0.0 %0.0 %
Relative net indebtedness %-78.6 %-35.9 %-28.3 %-226.9 %-443.9 %
Liquidity
Quick ratio39.538.567.0181.034.2
Current ratio39.538.567.0181.034.2
Cash and cash equivalents266.27256.75513.204 325.964 969.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %79.3 %36.7 %28.3 %49.5 %94.9 %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:29.6%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.1%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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