FIRMITY ApS — Credit Rating and Financial Key Figures

CVR number: 36049537
Frederiksborgvej 41, 2400 København NV
virk@firmity.dk
tel: 60777567
firmity.dk

Credit rating

Company information

Official name
FIRMITY ApS
Established
2014
Company form
Private limited company
Industry

About FIRMITY ApS

FIRMITY ApS (CVR number: 36049537) is a company from KØBENHAVN. The company recorded a gross profit of -52.5 kDKK in 2023. The operating profit was -52.5 kDKK, while net earnings were -544.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.2 %, which can be considered excellent but Return on Equity (ROE) was -16 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 93.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FIRMITY ApS's liquidity measured by quick ratio was 14.4 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 profit-11.09-12.48-30.82-31.38-52.52
EBIT-11.09-12.48-30.82-31.38-52.52
Net earnings-8.15-12.9527 146.82-23 270.09- 544.10
Shareholders equity total1 258.011 134.4728 081.293 811.212 997.11
Balance sheet total (assets)1 265.511 143.3730 393.953 826.213 209.21
Net debt- 382.57-35.44-25 893.95-1 747.55-1 797.11
Profitability
EBIT-%
ROA-0.8 %-1.0 %186.4 %0.2 %21.2 %
ROE-0.6 %-1.1 %185.8 %-145.9 %-16.0 %
ROI-0.8 %-1.0 %201.3 %-0.3 %-16.0 %
Economic value added (EVA)-50.99-56.47-86.05- 141.29- 181.35
Solvency
Equity ratio99.4 %99.2 %92.4 %99.6 %93.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio51.04.013.1245.114.4
Current ratio51.04.013.1245.114.4
Cash and cash equivalents382.5735.4425 893.951 747.551 797.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:21.2%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.4%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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