FIRST TIME VENTURES ApS — Credit Rating and Financial Key Figures

FIRST TIME VENTURES ApS (CVR number: 35392874) is a company from GENTOFTE. The company recorded a gross profit of -42.1 kDKK in 2024. The operating profit was -42.1 kDKK, while net earnings were 2059.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 74.9 %, which can be considered excellent and Return on Equity (ROE) was 107.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.2 %, 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. FIRST TIME VENTURES ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.