Firm Connect A/S — Credit Rating and Financial Key Figures

CVR number: 39370441
Egholmvej 4 B, 9800 Hjørring
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Company information

Official name
Firm Connect A/S
Established
2018
Company form
Limited company
Industry

About Firm Connect A/S

Firm Connect A/S (CVR number: 39370441) is a company from HJØRRING. The company recorded a gross profit of -426.1 kDKK in 2018. The operating profit was -529.7 kDKK, while net earnings were -415.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -235.9 %, which can be considered poor and Return on Equity (ROE) was -493.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.5 %, 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. Firm Connect A/S's liquidity measured by quick ratio was 1.6 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
2018
Volume
Net sales
Gross profit- 426.14
EBIT- 529.71
Net earnings- 415.77
Shareholders equity total84.23
Balance sheet total (assets)224.51
Net debt66.00
Profitability
EBIT-%
ROA-235.9 %
ROE-493.6 %
ROI-246.9 %
Economic value added (EVA)- 414.28
Solvency
Equity ratio37.5 %
Gearing154.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.6
Current ratio1.6
Cash and cash equivalents64.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingB

Variable visualization

ROA:-235.9%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.5%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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