First in Class ApS — Credit Rating and Financial Key Figures

CVR number: 40335994
Badensgade 20, 2300 København S

Company information

Official name
First in Class ApS
Established
2019
Company form
Private limited company
Industry

About First in Class ApS

First in Class ApS (CVR number: 40335994) is a company from KØBENHAVN. The company recorded a gross profit of 9.3 kDKK in 2022. The operating profit was 9.3 kDKK, while net earnings were 6.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.4 %, which can be considered excellent but Return on Equity (ROE) was 13.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 88.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. First in Class ApS's liquidity measured by quick ratio was 8.4 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
2019
2020
2021
2022
Volume
Net sales
Gross profit62.4329.0610.609.26
EBIT29.4313.0810.609.26
Net earnings21.749.427.926.88
Shareholders equity total31.7441.1749.0955.97
Balance sheet total (assets)43.5043.8349.3563.49
Net debt-40.30-43.83-49.30-63.42
Profitability
EBIT-%
ROA67.7 %29.9 %22.8 %16.4 %
ROE68.5 %25.9 %17.5 %13.1 %
ROI92.7 %35.9 %23.5 %17.6 %
Economic value added (EVA)22.9611.729.957.24
Solvency
Equity ratio73.0 %93.9 %99.5 %88.2 %
Gearing0.0 %0.0 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio3.716.5186.98.4
Current ratio3.716.5186.98.4
Cash and cash equivalents40.3043.8349.3163.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:16.4%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.2%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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