Firelink K/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Firelink K/S
Firelink K/S (CVR number: 40320857) is a company from RUDERSDAL. The company reported a net sales of 2.6 mDKK in 2024, demonstrating a growth of 1.6 % compared to the previous year. The operating profit percentage was poor at -0.3 % (EBIT: -0 mDKK), while net earnings were -9.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.8 %, which can be considered poor and Return on Equity (ROE) was -3.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.1 %, 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. Firelink K/S's liquidity measured by quick ratio was 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 097.84 | 2 275.21 | 2 656.31 | 2 587.44 | 2 629.29 |
Gross profit | 1 815.30 | 1 939.04 | 2 330.49 | 2 304.53 | 2 470.73 |
EBIT | -69.94 | 26.23 | -5.06 | 46.27 | -9.10 |
Net earnings | -69.97 | 25.75 | -5.72 | 46.27 | -9.10 |
Shareholders equity total | 206.43 | 232.19 | 226.47 | 272.74 | 263.64 |
Balance sheet total (assets) | 406.69 | 389.02 | 424.23 | 499.20 | 515.80 |
Net debt | - 254.26 | - 230.41 | - 259.47 | -11.35 | - 351.83 |
Profitability | |||||
EBIT-% | -3.3 % | 1.2 % | -0.2 % | 1.8 % | -0.3 % |
ROA | -17.6 % | 6.6 % | -1.2 % | 10.0 % | -1.8 % |
ROE | -29.0 % | 11.7 % | -2.5 % | 18.5 % | -3.4 % |
ROI | -29.0 % | 12.0 % | -2.2 % | 18.5 % | -3.4 % |
Economic value added (EVA) | -83.83 | 15.86 | -16.73 | 34.89 | -22.80 |
Solvency | |||||
Equity ratio | 50.8 % | 59.7 % | 53.4 % | 54.6 % | 51.1 % |
Gearing | |||||
Relative net indebtedness % | -2.6 % | -3.2 % | -2.3 % | 8.3 % | -3.8 % |
Liquidity | |||||
Quick ratio | 2.0 | 2.5 | 2.1 | 2.2 | 2.0 |
Current ratio | 2.0 | 2.5 | 2.1 | 2.2 | 2.0 |
Cash and cash equivalents | 254.26 | 230.41 | 259.47 | 11.35 | 351.83 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 68.8 | 22.8 | |||
Net working capital % | 9.8 % | 10.2 % | 8.5 % | 10.5 % | 10.0 % |
Credit risk | |||||
Credit rating | B | B | B | B | B |
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