FirstConnect ApS — Credit Rating and Financial Key Figures

FirstConnect ApS (CVR number: 32295037) is a company from BILLUND. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 20.3 kDKK, while net earnings were 15.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak and Return on Equity (ROE) was 1.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 78.8 %, 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. FirstConnect ApS's liquidity measured by quick ratio was 4.7 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.