Firtal Distribution ApS — Credit Rating and Financial Key Figures

CVR number: 37363286
Møgelhøj 8, 8520 Lystrup
jeh@firtal.dk

Credit rating

Company information

Official name
Firtal Distribution ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Firtal Distribution ApS

Firtal Distribution ApS (CVR number: 37363286) is a company from AARHUS. The company recorded a gross profit of -69.3 kDKK in 2022. The operating profit was -139.8 kDKK, while net earnings were -103 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.6 %, which can be considered poor and Return on Equity (ROE) was -3.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.5 %, 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. Firtal Distribution ApS's liquidity measured by quick ratio was 2.2 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit5 355.884 500.922 106.59- 134.11-69.28
EBIT2 351.661 554.47- 541.54- 463.39- 139.82
Net earnings1 834.291 035.86- 450.31- 418.96- 102.97
Shareholders equity total3 385.734 178.543 728.233 309.283 206.31
Balance sheet total (assets)6 315.058 111.426 909.946 425.985 772.85
Net debt-1 008.221 753.88-2 257.10-3 145.22-3 018.63
Profitability
EBIT-%
ROA39.3 %21.6 %-6.9 %-8.0 %-1.6 %
ROE74.3 %27.4 %-11.4 %-11.9 %-3.2 %
ROI73.5 %29.3 %-8.1 %-8.6 %-1.7 %
Economic value added (EVA)1 815.911 122.30- 598.60- 306.2940.32
Solvency
Equity ratio53.6 %51.5 %54.0 %51.5 %55.5 %
Gearing17.6 %58.1 %63.9 %90.4 %78.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.30.62.12.02.2
Current ratio2.22.02.12.02.2
Cash and cash equivalents1 603.19672.104 638.656 135.375 526.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBBBBB

Variable visualization

ROA:-1.64%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.5%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Chairman of the board

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