FIREXPRESS A/S — Credit Rating and Financial Key Figures

CVR number: 20914483
Lille Blødevej 3, 3600 Frederikssund
Firexpress@firexpress.com
tel: 47313045

Credit rating

Company information

Official name
FIREXPRESS A/S
Personnel
2 persons
Established
1998
Company form
Limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About FIREXPRESS A/S

FIREXPRESS A/S (CVR number: 20914483) is a company from FREDERIKSSUND. The company recorded a gross profit of 1405 kDKK in 2023. The operating profit was 236.7 kDKK, while net earnings were 58.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak and Return on Equity (ROE) was 1.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 41 %, 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. FIREXPRESS A/S'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit917.33568.751 467.151 600.971 404.96
EBIT288.95- 167.16326.35379.23236.75
Net earnings115.93- 230.39123.7958.8458.49
Shareholders equity total3 321.763 091.373 092.093 150.933 209.42
Balance sheet total (assets)6 741.636 350.817 663.477 876.187 829.40
Net debt557.02300.562 659.572 345.192 608.65
Profitability
EBIT-%
ROA4.5 %-2.6 %4.7 %4.9 %3.0 %
ROE3.6 %-7.2 %4.0 %1.9 %1.8 %
ROI6.9 %-4.6 %7.1 %6.6 %4.1 %
Economic value added (EVA)74.85- 295.74174.69110.9167.57
Solvency
Equity ratio49.3 %48.7 %40.3 %40.0 %41.0 %
Gearing17.7 %10.1 %86.5 %79.9 %85.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.22.21.51.9
Current ratio1.61.42.41.72.1
Cash and cash equivalents31.1111.9314.21173.72147.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:3.01%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.0%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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