FirstConstruction ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FirstConstruction ApS
FirstConstruction ApS (CVR number: 38296655) is a company from ALBERTSLUND. The company recorded a gross profit of -26.9 kDKK in 2024. The operating profit was -60.5 kDKK, while net earnings were -61.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -37.9 %, which can be considered poor and Return on Equity (ROE) was -60.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.4 %, 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. FirstConstruction ApS's liquidity measured by quick ratio was 2.3 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 95.85 | 11.30 | 18.67 | 152.71 | -26.88 |
| EBIT | 51.85 | 4.30 | -7.33 | 92.71 | -60.53 |
| Net earnings | 39.04 | 2.65 | -6.71 | 71.40 | -61.89 |
| Shareholders equity total | 65.16 | 67.81 | 61.10 | 132.51 | 70.62 |
| Balance sheet total (assets) | 73.14 | 77.41 | 68.28 | 196.17 | 122.99 |
| Net debt | -67.38 | -72.92 | -66.33 | - 191.24 | -83.02 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 80.2 % | 5.7 % | -10.1 % | 70.1 % | -37.9 % |
| ROE | 85.5 % | 4.0 % | -10.4 % | 73.8 % | -60.9 % |
| ROI | 113.6 % | 6.5 % | -11.4 % | 93.4 % | -53.7 % |
| Economic value added (EVA) | 38.36 | 1.02 | -9.79 | 68.88 | -67.44 |
| Solvency | |||||
| Equity ratio | 89.1 % | 87.6 % | 89.5 % | 67.5 % | 57.4 % |
| Gearing | 3.7 % | 24.6 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 8.5 | 8.1 | 9.5 | 3.1 | 2.3 |
| Current ratio | 8.5 | 8.1 | 9.5 | 3.1 | 2.3 |
| Cash and cash equivalents | 67.38 | 72.92 | 66.33 | 196.17 | 100.38 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | B | BB | B | BB | B |
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