QUICKFIRE A/S — Credit Rating and Financial Key Figures

CVR number: 26000653
Rosas Minde Vej 46, 7120 Vejle Øst
quickfire@quickfire.dk
tel: 75883223
www.quickfire.dk

Company information

Official name
QUICKFIRE A/S
Personnel
10 persons
Established
2001
Company form
Limited company
Industry

About QUICKFIRE A/S

QUICKFIRE A/S (CVR number: 26000653) is a company from VEJLE. The company recorded a gross profit of 9683 kDKK in 2023. The operating profit was 5717.6 kDKK, while net earnings were 4351.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33 %, which can be considered excellent and Return on Equity (ROE) was 39.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.5 %, 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. QUICKFIRE A/S's liquidity measured by quick ratio was 1.9 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 profit1 733.903 701.205 412.996 288.779 682.97
EBIT798.841 277.262 478.713 004.765 717.63
Net earnings623.88963.281 911.052 679.714 351.55
Shareholders equity total2 624.666 710.398 121.448 890.1013 241.66
Balance sheet total (assets)3 455.209 946.5010 501.3617 336.4217 836.12
Net debt176.98337.89-3 220.57180.14-2 103.16
Profitability
EBIT-%
ROA24.4 %19.1 %24.3 %25.3 %33.0 %
ROE27.0 %20.6 %25.8 %31.5 %39.3 %
ROI29.1 %25.6 %32.3 %31.4 %41.0 %
Economic value added (EVA)477.27842.091 565.701 918.783 615.05
Solvency
Equity ratio76.0 %67.5 %79.8 %51.5 %75.5 %
Gearing8.8 %5.1 %0.5 %59.8 %6.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.22.41.11.9
Current ratio4.02.13.31.72.8
Cash and cash equivalents53.447.113 258.605 134.802 997.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:33.0%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.5%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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