FIRESTOP NORDIC ApS — Credit Rating and Financial Key Figures

CVR number: 34490716
Olgas Alle 4, 6000 Kolding
torben@firestopnordic.dk
tel: 21665077
www.firestopnordic.dk

Company information

Official name
FIRESTOP NORDIC ApS
Personnel
1 person
Established
2012
Company form
Private limited company
Industry

About FIRESTOP NORDIC ApS

FIRESTOP NORDIC ApS (CVR number: 34490716) is a company from KOLDING. The company recorded a gross profit of 151.9 kDKK in 2023. The operating profit was -33.4 kDKK, while net earnings were -52.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.3 %, which can be considered poor and Return on Equity (ROE) was -12.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.1 %, 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. FIRESTOP NORDIC ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit409.00249.00461.00-11.13151.94
EBIT- 187.00- 493.00145.00-1 828.45-33.37
Net earnings- 176.00- 395.00167.00-1 619.55-52.62
Shareholders equity total2 283.001 888.002 055.00435.92383.31
Balance sheet total (assets)2 991.002 582.002 532.00940.89607.70
Net debt- 341.00- 275.0086.00253.2194.13
Profitability
EBIT-%
ROA-8.6 %-17.7 %5.7 %-105.3 %-4.3 %
ROE-12.8 %-18.9 %8.5 %-130.0 %-12.8 %
ROI-10.3 %-20.6 %6.2 %-113.6 %-5.2 %
Economic value added (EVA)- 196.46- 510.7885.62-1 725.14-72.48
Solvency
Equity ratio76.3 %73.1 %81.2 %46.3 %63.1 %
Gearing7.3 %7.5 %7.6 %78.5 %34.6 %
Relative net indebtedness %
Liquidity
Quick ratio3.31.82.80.50.3
Current ratio3.41.82.80.50.3
Cash and cash equivalents507.00417.0071.0089.1038.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-4.31%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.1%
Rating: 48/100
-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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