First Alliance Danmark aps — Credit Rating and Financial Key Figures
Credit rating
Company information
About First Alliance Danmark aps
First Alliance Danmark aps (CVR number: 37056294) is a company from KØBENHAVN. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 134.9 kDKK, while net earnings were 107 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.7 %, which can be considered excellent and Return on Equity (ROE) was 35.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.3 %, 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 Alliance Danmark aps's liquidity measured by quick ratio was 3.9 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 | 25.15 | ||||
Gross profit | -97.55 | ||||
EBIT | -97.55 | 222.25 | -46.95 | 180.77 | 134.93 |
Net earnings | -97.55 | 170.91 | 7.71 | 160.44 | 106.96 |
Shareholders equity total | 98.87 | 15.24 | 88.17 | 248.62 | 355.14 |
Balance sheet total (assets) | 98.87 | 313.94 | 257.62 | 499.22 | 477.69 |
Net debt | -98.87 | -93.54 | -2.94 | - 349.34 | - 417.69 |
Profitability | |||||
EBIT-% | -387.9 % | ||||
ROA | -161.1 % | 107.7 % | -16.4 % | 47.8 % | 27.7 % |
ROE | -161.1 % | 299.6 % | 14.9 % | 95.3 % | 35.4 % |
ROI | -161.1 % | 155.4 % | -26.9 % | 64.6 % | 33.2 % |
Economic value added (EVA) | -97.55 | 171.70 | -20.75 | 162.78 | 120.52 |
Solvency | |||||
Equity ratio | 100.0 % | 4.9 % | 34.2 % | 49.8 % | 74.3 % |
Gearing | 1128.7 % | 82.9 % | 60.3 % | 16.9 % | |
Relative net indebtedness % | -393.1 % | ||||
Liquidity | |||||
Quick ratio | 0.9 | 0.9 | 2.0 | 3.9 | |
Current ratio | 0.9 | 0.9 | 2.0 | 3.9 | |
Cash and cash equivalents | 98.87 | 265.52 | 76.08 | 499.22 | 477.69 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 393.1 % | ||||
Credit risk | |||||
Credit rating | B | BB | BB | BB | BB |
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