FIRSTLINE COMMUNICATION A/S — Credit Rating and Financial Key Figures

FIRSTLINE COMMUNICATION A/S (CVR number: 29180032) is a company from KØBENHAVN. The company recorded a gross profit of 428 kDKK in 2019. The operating profit was -56.3 kDKK, while net earnings were -47.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.5 %, which can be considered poor and Return on Equity (ROE) was -9.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.9 %, 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. FIRSTLINE COMMUNICATION A/S's liquidity measured by quick ratio was 2 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.