First Choice Haircare ApS — Credit Rating and Financial Key Figures

CVR number: 39771705
Grønnehøj 37, 2720 Vanløse
mads@firstchoicehaircare.dk
tel: 40307432
firstchoicehaircare.dk

Company information

Official name
First Choice Haircare ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry

About First Choice Haircare ApS

First Choice Haircare ApS (CVR number: 39771705) is a company from KØBENHAVN. The company recorded a gross profit of 1234.7 kDKK in 2023. The operating profit was 712.4 kDKK, while net earnings were 526.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.3 %, which can be considered excellent and Return on Equity (ROE) was 48.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.8 %, 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. First Choice Haircare ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit128.75433.821 165.69879.091 234.69
EBIT58.49145.78548.30402.50712.37
Net earnings40.3099.19424.16293.89526.53
Shareholders equity total146.74245.92615.08851.771 319.40
Balance sheet total (assets)709.211 194.401 874.061 883.282 451.84
Net debt-41.82-85.91-83.95-21.4619.26
Profitability
EBIT-%
ROA8.2 %15.3 %35.7 %21.4 %33.3 %
ROE27.5 %50.5 %98.5 %40.1 %48.5 %
ROI39.9 %74.2 %100.7 %43.3 %59.1 %
Economic value added (EVA)41.39100.83437.20282.05508.14
Solvency
Equity ratio20.7 %20.6 %32.8 %45.2 %53.8 %
Gearing36.5 %19.4 %8.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.60.80.80.7
Current ratio1.31.31.51.92.2
Cash and cash equivalents41.8285.91308.23186.3689.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBAA

Variable visualization

ROA:33.3%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.8%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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