First Choice Haircare ApS — Credit Rating and Financial Key Figures

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

Credit rating

Company information

Official name
First Choice Haircare ApS
Personnel
2 persons
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 1002.9 kDKK in 2024. The operating profit was 575.8 kDKK, while net earnings were 420.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.2 %, which can be considered excellent and Return on Equity (ROE) was 28 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.4 %, 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 Choice Haircare ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit433.821 165.69879.091 234.691 002.85
EBIT145.78548.30402.50712.37575.85
Net earnings99.19424.16293.89526.53420.39
Shareholders equity total245.92615.08851.771 319.401 679.89
Balance sheet total (assets)1 194.401 874.061 883.282 451.842 568.49
Net debt-85.91-83.95-21.4619.26-27.77
Profitability
EBIT-%
ROA15.3 %35.7 %21.4 %33.3 %23.2 %
ROE50.5 %98.5 %40.1 %48.5 %28.0 %
ROI74.2 %100.7 %43.3 %59.1 %36.8 %
Economic value added (EVA)98.73432.88265.33495.92365.02
Solvency
Equity ratio20.6 %32.8 %45.2 %53.8 %65.4 %
Gearing36.5 %19.4 %8.2 %3.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.80.80.71.1
Current ratio1.31.51.92.22.9
Cash and cash equivalents85.91308.23186.3689.3877.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:23.2%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.4%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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