FirstVersion ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FirstVersion ApS
FirstVersion ApS (CVR number: 43220721) is a company from FREDENSBORG. The company recorded a gross profit of -4.3 kDKK in 2025. The operating profit was -4.3 kDKK, while net earnings were 26.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.8 %, which can be considered good but Return on Equity (ROE) was 17.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73.4 %, 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. FirstVersion ApS's liquidity measured by quick ratio was 2.5 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 financials2023 | 2024 | 2025 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | -42.43 | -0.35 | -4.25 |
| EBIT | -42.43 | -0.35 | -4.25 |
| Net earnings | -42.46 | 170.83 | 26.53 |
| Shareholders equity total | -2.46 | 168.37 | 133.90 |
| Balance sheet total (assets) | 152.54 | 249.74 | 182.32 |
| Net debt | 2.46 | 42.81 | -47.54 |
| Profitability | |||
| EBIT-% | |||
| ROA | -27.4 % | 79.7 % | 11.8 % |
| ROE | -27.8 % | 106.5 % | 17.6 % |
| ROI | -848.7 % | 147.8 % | 14.7 % |
| Economic value added (EVA) | -42.43 | -0.48 | -14.97 |
| Solvency | |||
| Equity ratio | -1.6 % | 67.4 % | 73.4 % |
| Gearing | -203.3 % | 26.7 % | |
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 0.0 | 1.1 | 2.5 |
| Current ratio | 0.0 | 1.1 | 2.5 |
| Cash and cash equivalents | 2.54 | 2.19 | 47.54 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | BB | BB | BB |
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