FIRST MARINE A/S — Credit Rating and Financial Key Figures

CVR number: 28967098
Nytorv 3, 1450 København K
nio@first.dk
tel: 70702471
first.dk

Credit rating

Company information

Official name
FIRST MARINE A/S
Personnel
31 persons
Established
2005
Company form
Limited company
Industry
  • Expand more icon66Activities auxiliary to financial services and insurance activities

About FIRST MARINE A/S

FIRST MARINE A/S (CVR number: 28967098) is a company from KØBENHAVN. The company recorded a gross profit of 33.4 mDKK in 2024. The operating profit was 7062 kDKK, while net earnings were 5826 kDKK. The profitability of the company measured by Return on Assets (ROA) was 51.3 %, which can be considered excellent and Return on Equity (ROE) was 82.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FIRST MARINE A/S's liquidity measured by quick ratio was 2.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit14 065.0013 533.0018 683.0022 117.0033 405.25
EBIT1 215.00675.002 766.00891.007 062.04
Net earnings873.00468.002 050.00673.005 825.99
Shareholders equity total1 733.002 201.004 251.004 452.009 678.23
Balance sheet total (assets)7 264.007 363.009 447.0010 276.0019 261.40
Net debt2 028.002 109.002 063.001 309.00-2 326.37
Profitability
EBIT-%
ROA19.6 %9.2 %32.9 %9.7 %51.3 %
ROE67.3 %23.8 %63.5 %15.5 %82.5 %
ROI28.2 %12.5 %45.2 %14.9 %88.8 %
Economic value added (EVA)994.58551.002 125.42517.825 235.07
Solvency
Equity ratio23.9 %29.9 %45.0 %43.3 %50.2 %
Gearing117.0 %95.8 %48.9 %37.2 %11.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.21.92.32.4
Current ratio1.11.21.92.32.4
Cash and cash equivalents14.00348.003 395.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:51.3%
Rating: 95/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.2%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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