FIRSTAED ApS

CVR number: 33880103
Bygaden 76, 5953 Tranekær
bh@firstaed.com

Credit rating

Company information

Official name
FIRSTAED ApS
Personnel
3 persons
Established
2011
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About FIRSTAED ApS

FIRSTAED ApS (CVR number: 33880103) is a company from LANGELAND. The company recorded a gross profit of 1950.6 kDKK in 2023. The operating profit was 1222.1 kDKK, while net earnings were 2162.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 53.1 %, which can be considered excellent and Return on Equity (ROE) was 87.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.2 %, 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. FIRSTAED ApS's liquidity measured by quick ratio was 0.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit850.091 194.401 159.16658.561 950.57
EBIT214.45575.78491.4955.061 222.06
Net earnings151.97461.65341.40245.562 162.40
Shareholders equity total331.83793.481 134.881 380.443 542.84
Balance sheet total (assets)4 247.957 739.295 666.604 314.555 125.16
Net debt1 268.271 307.951 109.321 557.64453.48
Profitability
EBIT-%
ROA5.4 %9.5 %7.3 %6.4 %53.1 %
ROE59.4 %82.0 %35.4 %19.5 %87.8 %
ROI13.5 %26.7 %19.4 %11.4 %63.8 %
Economic value added (EVA)260.35598.58453.5695.25934.94
Solvency
Equity ratio8.1 %10.4 %21.3 %33.2 %71.2 %
Gearing417.0 %212.8 %104.0 %113.1 %23.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.60.50.70.8
Current ratio0.20.60.50.70.7
Cash and cash equivalents115.42380.6371.393.51392.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:53.1%
Rating: 96/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.2%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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