Fircroft Engineering Services ApS — Credit Rating and Financial Key Figures

CVR number: 37275972
Ørestads Boulevard 73, 2300 København S

Credit rating

Company information

Official name
Fircroft Engineering Services ApS
Personnel
9 persons
Established
2015
Company form
Private limited company
Industry

About Fircroft Engineering Services ApS

Fircroft Engineering Services ApS (CVR number: 37275972) is a company from KØBENHAVN. The company recorded a gross profit of 9410.3 kDKK in 2024. The operating profit was 1768.4 kDKK, while net earnings were -101 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.7 %, which can be considered good but Return on Equity (ROE) was -2.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Fircroft Engineering Services ApS's liquidity measured by quick ratio was 1.3 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 profit2 093.074 340.976 844.996 758.649 410.28
EBIT147.71130.632 500.323 379.851 768.43
Net earnings132.86133.911 477.532 090.64- 101.04
Shareholders equity total-4.68129.221 606.753 697.393 596.34
Balance sheet total (assets)1 630.751 730.2910 592.6318 138.4216 151.87
Net debt- 238.44-39.182 137.793 568.84574.58
Profitability
EBIT-%
ROA9.6 %12.9 %42.0 %26.3 %10.7 %
ROE9.1 %15.2 %170.2 %78.8 %-2.8 %
ROI18.0 %26.3 %78.7 %46.5 %21.3 %
Economic value added (EVA)181.63179.021 934.942 669.361 415.79
Solvency
Equity ratio-0.3 %7.5 %15.2 %20.4 %22.3 %
Gearing-23302.8 %331.2 %274.7 %176.8 %93.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.11.20.21.3
Current ratio1.01.11.20.21.3
Cash and cash equivalents1 329.94467.182 275.192 968.182 790.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:10.7%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.3%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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