FIRSTBORN ApS — Credit Rating and Financial Key Figures

CVR number: 35857575
Lyngby Hovedgade 10 C, 2800 Kongens Lyngby
info@firstborn.dk

Company information

Official name
FIRSTBORN ApS
Personnel
2 persons
Established
2014
Company form
Private limited company
Industry

About FIRSTBORN ApS

FIRSTBORN ApS (CVR number: 35857575) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -198.9 kDKK in 2024. The operating profit was -206.7 kDKK, while net earnings were -219.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -21.2 %, which can be considered poor and Return on Equity (ROE) was -80 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -75.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FIRSTBORN ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 004.003 891.00-2 494.00-96.00- 198.92
EBIT76.002 808.00-2 498.00-97.00- 206.65
Net earnings21.002 136.00-2 697.00- 107.00- 219.62
Shareholders equity total76.002 212.00- 485.00- 592.00- 811.66
Balance sheet total (assets)1 332.003 244.00234.00281.00268.00
Net debt- 102.00-4.00-12.00-68.00-8.93
Profitability
EBIT-%
ROA4.4 %122.7 %-126.1 %-12.2 %-21.2 %
ROE6.2 %186.7 %-220.5 %-41.6 %-80.0 %
ROI7.9 %221.3 %-225.9 %-717.3 %
Economic value added (EVA)-26.792 145.80-2 718.39-72.63- 176.90
Solvency
Equity ratio5.7 %68.2 %-67.5 %-67.8 %-75.2 %
Gearing328.9 %-7.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.93.10.30.30.2
Current ratio0.93.10.30.30.2
Cash and cash equivalents352.004.0012.0068.0066.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBCBBB

Variable visualization

ROA:-21.2%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-75.2%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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