FIRGAS P/S — Credit Rating and Financial Key Figures

CVR number: 28901569
Ejby Mosevej 5, 2600 Glostrup
tel: 43636300

Company information

Official name
FIRGAS P/S
Established
2005
Industry

About FIRGAS P/S

FIRGAS P/S (CVR number: 28901569) is a company from GLOSTRUP. The company recorded a gross profit of -90.2 kDKK in 2019. The operating profit was -176.7 kDKK, while net earnings were -195.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8 %, which can be considered poor and Return on Equity (ROE) was -80.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 6.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. FIRGAS P/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
Volume
Net sales
Gross profit-40.04-59.06-37.18-90.17
EBIT-44.53-73.55-3 937.16- 176.72
Net earnings-45.45-73.66-3 938.11- 195.89
Shareholders equity total240.20174.36-3 369.9437.76
Balance sheet total (assets)3 966.633 958.80447.95615.37
Net debt-12.06-23.32-14.2516.69
Profitability
EBIT-%
ROA-1.1 %-1.9 %-101.3 %-8.0 %
ROE-18.9 %-35.5 %-1265.6 %-80.7 %
ROI-1.1 %-1.9 %-106.1 %-9.6 %
Economic value added (EVA)-44.53-84.09-3 944.75-6.67
Solvency
Equity ratio6.1 %4.4 %-88.3 %6.1 %
Gearing7.7 %102.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.22.20.8
Current ratio0.40.22.20.8
Cash and cash equivalents30.5723.3214.2521.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-7.97%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:6.14%
Rating: 6/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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