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FIRST LINK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FIRST LINK ApS
FIRST LINK ApS (CVR number: 32932193) is a company from FREDERIKSBERG. The company recorded a gross profit of 229.1 kDKK in 2025. The operating profit was -59.7 kDKK, while net earnings were -51.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -21.3 %, which can be considered poor and Return on Equity (ROE) was -33.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.3 %, 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. FIRST LINK ApS's liquidity measured by quick ratio was 2.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 560.60 | 559.06 | 635.23 | 500.45 | 229.07 |
| EBIT | -65.70 | 71.70 | 130.68 | -71.38 | -59.71 |
| Net earnings | -56.02 | 52.65 | 95.53 | -62.53 | -51.52 |
| Shareholders equity total | 93.33 | 145.98 | 241.51 | 178.98 | 127.46 |
| Balance sheet total (assets) | 270.08 | 295.43 | 442.66 | 356.71 | 204.44 |
| Net debt | - 183.04 | - 187.56 | - 432.29 | - 325.44 | - 160.28 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -19.6 % | 25.4 % | 35.4 % | -17.9 % | -21.3 % |
| ROE | -46.2 % | 44.0 % | 49.3 % | -29.7 % | -33.6 % |
| ROI | -54.1 % | 59.9 % | 67.4 % | -33.9 % | -39.0 % |
| Economic value added (EVA) | -61.20 | 49.10 | 88.32 | -71.53 | -60.12 |
| Solvency | |||||
| Equity ratio | 34.6 % | 49.4 % | 54.6 % | 50.2 % | 62.3 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.5 | 1.9 | 2.1 | 1.9 | 2.6 |
| Current ratio | 1.5 | 1.9 | 2.1 | 1.9 | 2.6 |
| Cash and cash equivalents | 183.04 | 187.56 | 432.29 | 325.44 | 160.28 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | BBB | BB | BBB |
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