FUTUREWARE ApS

CVR number: 26810353
Hammerholmen 44, 2650 Hvidovre
tel: 31247700
www.futureware.dk

Credit rating

Company information

Official name
FUTUREWARE ApS
Established
2002
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About the company

FUTUREWARE ApS (CVR number: 26810353) is a company from HVIDOVRE. The company recorded a gross profit of 2475.4 kDKK in 2022. The operating profit was 507.3 kDKK, while net earnings were 368.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.7 %, which can be considered good and Return on Equity (ROE) was 9.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 68.8 %, 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. FUTUREWARE ApS's liquidity measured by quick ratio was 1.5 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales3 089.664 550.863 677.69
Gross profit3 089.664 550.863 677.693 071.382 475.42
EBIT393.93575.94588.49606.39507.30
Net earnings321.30332.87458.61472.99368.59
Shareholders equity total1 762.702 396.083 069.673 538.033 906.63
Balance sheet total (assets)2 715.733 539.263 955.824 685.215 678.41
Net debt-1 602.63-1 641.59-2 339.51-1 708.54-1 850.76
Profitability
EBIT-%12.8 %12.7 %16.0 %
ROA21.9 %19.8 %17.9 %15.7 %10.7 %
ROE22.2 %16.0 %16.8 %14.3 %9.9 %
ROI35.4 %29.8 %24.5 %20.5 %14.9 %
Economic value added (EVA)280.55437.93421.11436.30303.76
Solvency
Equity ratio64.9 %67.7 %77.6 %75.5 %68.8 %
Gearing
Relative net indebtedness %-21.0 %-11.0 %-39.5 %
Liquidity
Quick ratio2.32.33.42.51.5
Current ratio2.83.24.44.72.4
Cash and cash equivalents1 602.631 641.592 339.511 708.541 850.76
Capital use efficiency
Trade debtors turnover (days)67.257.051.7
Net working capital %57.1 %49.6 %78.0 %
Credit risk
Credit ratingBBBBBBBBBBBA

Variable visualization

ROA:10.7%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.8%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Build time: 2024-10-04T14:01:21.465Z

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