FF ENGINEERING ApS — Credit Rating and Financial Key Figures

CVR number: 26391970
Vassingerødvej 86, 3540 Lynge
ff@ff-engineering.dk
tel: 45940291
ff-engineering.dk

Company information

Official name
FF ENGINEERING ApS
Personnel
8 persons
Established
2002
Company form
Private limited company
Industry

About FF ENGINEERING ApS

FF ENGINEERING ApS (CVR number: 26391970) is a company from ALLERØD. The company recorded a gross profit of 9530.6 kDKK in 2023. The operating profit was 3999.4 kDKK, while net earnings were 3565.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.5 %, which can be considered excellent and Return on Equity (ROE) was 46.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.7 %, 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. FF ENGINEERING ApS's liquidity measured by quick ratio was 1.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit8 071.718 717.8410 216.458 528.559 530.56
EBIT4 261.813 826.684 257.403 490.783 999.41
Net earnings3 286.922 984.953 338.712 645.393 565.33
Shareholders equity total9 213.619 698.578 037.277 182.678 248.00
Balance sheet total (assets)32 266.0233 255.2133 499.7932 662.5129 748.09
Net debt- 856.02-2 592.41-3 376.964 143.683 036.35
Profitability
EBIT-%
ROA16.6 %12.6 %14.2 %11.9 %16.5 %
ROE42.0 %31.6 %37.6 %34.8 %46.2 %
ROI23.4 %18.2 %19.6 %15.5 %19.5 %
Economic value added (EVA)3 284.803 168.833 675.853 293.823 520.54
Solvency
Equity ratio28.6 %29.2 %24.0 %22.0 %27.7 %
Gearing131.4 %149.5 %202.6 %271.2 %215.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.31.21.21.3
Current ratio1.41.41.31.31.4
Cash and cash equivalents12 962.5517 096.4719 657.3015 338.5614 735.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:16.5%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.7%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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