First Floor Projects ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About First Floor Projects ApS
First Floor Projects ApS (CVR number: 36899913) is a company from KØBENHAVN. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 0 kDKK, while net earnings were -0.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor and Return on Equity (ROE) was -0.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.1 %, 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 Floor Projects ApS's liquidity measured by quick ratio was 1.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -0.01 | ||||
EBIT | -0.01 | ||||
Net earnings | 123.00 | 300.00 | -14.43 | 55.20 | -0.60 |
Shareholders equity total | 123.00 | 423.00 | 40.57 | 95.78 | 95.18 |
Balance sheet total (assets) | 147.71 | 447.71 | 87.30 | 142.50 | 141.91 |
Net debt | -88.00 | -88.00 | 14.43 | 16.42 | 17.02 |
Profitability | |||||
EBIT-% | |||||
ROA | 134.6 % | 100.8 % | -0.0 % | 49.8 % | |
ROE | 200.0 % | 109.9 % | -6.2 % | 81.0 % | -0.6 % |
ROI | 134.6 % | 100.8 % | -0.0 % | 49.8 % | |
Economic value added (EVA) | 1.76 | 2.79 | -11.84 | 2.35 | -0.53 |
Solvency | |||||
Equity ratio | 83.3 % | 94.5 % | 46.5 % | 67.2 % | 67.1 % |
Gearing | 20.1 % | 5.8 % | 115.2 % | 48.8 % | 49.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.6 | 16.7 | 0.7 | 1.9 | 1.9 |
Current ratio | 4.6 | 16.7 | 0.7 | 1.9 | 1.9 |
Cash and cash equivalents | 112.71 | 112.71 | 32.30 | 30.30 | 29.71 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BB | BBB |
Variable visualization
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