FIRST LAGER ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FIRST LAGER ApS
FIRST LAGER ApS (CVR number: 30346114) is a company from GREVE. The company recorded a gross profit of -922.4 kDKK in 2024. The operating profit was -2798.9 kDKK, while net earnings were -3104.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22.9 %, which can be considered poor and Return on Equity (ROE) was -64.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -22.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FIRST LAGER ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 660.24 | 1 617.25 | 3 142.15 | 935.24 | - 922.44 |
EBIT | 649.82 | 1 606.83 | 2 853.32 | - 534.88 | -2 798.92 |
Net earnings | 506.42 | 1 248.07 | 2 131.56 | - 588.40 | -3 104.34 |
Shareholders equity total | 757.11 | 1 505.18 | 2 436.74 | 348.34 | -2 756.01 |
Balance sheet total (assets) | 1 679.19 | 2 948.27 | 8 467.73 | 10 778.51 | 9 259.00 |
Net debt | - 230.56 | - 840.00 | 4 625.07 | 9 349.31 | 10 970.84 |
Profitability | |||||
EBIT-% | |||||
ROA | 40.0 % | 69.4 % | 50.1 % | -3.4 % | -22.9 % |
ROE | 59.3 % | 110.3 % | 108.1 % | -42.3 % | -64.6 % |
ROI | 47.1 % | 90.5 % | 60.9 % | -3.7 % | -24.7 % |
Economic value added (EVA) | 437.65 | 1 183.95 | 2 118.44 | - 780.92 | -2 822.43 |
Solvency | |||||
Equity ratio | 45.1 % | 51.1 % | 28.8 % | 3.2 % | -22.9 % |
Gearing | 82.3 % | 43.7 % | 189.8 % | 2805.2 % | -398.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.7 | 1.1 | 0.7 | 0.5 |
Current ratio | 1.3 | 1.7 | 1.1 | 0.7 | 0.5 |
Cash and cash equivalents | 854.00 | 1 498.32 | 422.38 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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