FirstConstruction ApS — Credit Rating and Financial Key Figures

CVR number: 38296655
Herstedøstergade 48 B, 2620 Albertslund

Company information

Official name
FirstConstruction ApS
Personnel
2 persons
Established
2017
Company form
Private limited company
Industry

About FirstConstruction ApS

FirstConstruction ApS (CVR number: 38296655) is a company from ALBERTSLUND. The company recorded a gross profit of 152.7 kDKK in 2023. The operating profit was 92.7 kDKK, while net earnings were 71.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 70.1 %, which can be considered excellent and Return on Equity (ROE) was 73.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.5 %, 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. FirstConstruction ApS's liquidity measured by quick ratio was 3.1 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 profit25.4695.8511.3018.67152.71
EBIT-14.5451.854.30-7.3392.71
Net earnings-12.1239.042.65-6.7171.40
Shareholders equity total26.1365.1667.8161.10132.51
Balance sheet total (assets)56.1273.1477.4168.28196.17
Net debt-33.32-67.38-72.92-66.33- 191.24
Profitability
EBIT-%
ROA-29.1 %80.2 %5.7 %-10.1 %70.1 %
ROE-37.7 %85.5 %4.0 %-10.4 %73.8 %
ROI-44.5 %113.6 %6.5 %-11.4 %93.4 %
Economic value added (EVA)-13.0840.044.41-6.1272.21
Solvency
Equity ratio46.6 %89.1 %87.6 %89.5 %67.5 %
Gearing3.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.48.58.19.53.1
Current ratio1.48.58.19.53.1
Cash and cash equivalents33.3267.3872.9266.33196.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:70.1%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.5%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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