Credit rating
Company information
About FTC Service ApS
FTC Service ApS (CVR number: 39706725) is a company from KØBENHAVN. The company recorded a gross profit of -60.6 kDKK in 2023. The operating profit was -60.6 kDKK, while net earnings were -59 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.7 %, which can be considered poor and Return on Equity (ROE) was -26.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.5 %, 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. FTC Service ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 22.78 | 53.93 | 25.77 | 0.66 | -60.63 |
EBIT | 22.78 | 53.93 | - 418.45 | 119.87 | -60.63 |
Net earnings | 37.53 | 52.87 | - 369.08 | 99.01 | -59.01 |
Shareholders equity total | 470.25 | 523.12 | 154.04 | 253.05 | 194.04 |
Balance sheet total (assets) | 490.05 | 712.42 | 465.22 | 676.14 | 597.82 |
Net debt | - 282.09 | - 154.16 | -50.46 | - 139.47 | - 155.31 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.9 % | 12.4 % | -58.0 % | 27.6 % | -8.7 % |
ROE | 8.3 % | 10.6 % | -109.0 % | 48.6 % | -26.4 % |
ROI | 11.3 % | 12.9 % | -65.3 % | 28.9 % | -8.9 % |
Economic value added (EVA) | 28.03 | 52.84 | - 409.34 | 109.66 | -46.55 |
Solvency | |||||
Equity ratio | 96.0 % | 73.4 % | 33.1 % | 37.4 % | 32.5 % |
Gearing | 2.1 % | 29.7 % | 188.1 % | 155.6 % | 202.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 24.1 | 3.7 | 1.5 | 1.6 | 1.5 |
Current ratio | 24.1 | 3.7 | 1.5 | 1.6 | 1.5 |
Cash and cash equivalents | 291.89 | 309.30 | 340.22 | 533.25 | 549.09 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | B | BB | BB |
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