FTJ EJENDOMSSELSKAB ApS — Credit Rating and Financial Key Figures

CVR number: 26457777
Markersvænge 15, 2690 Karlslunde

Company information

Official name
FTJ EJENDOMSSELSKAB ApS
Established
2002
Company form
Private limited company
Industry

About FTJ EJENDOMSSELSKAB ApS

FTJ EJENDOMSSELSKAB ApS (CVR number: 26457777) is a company from GREVE. The company reported a net sales of 0.4 mDKK in 2023, demonstrating a decline of -2.4 % compared to the previous year. The operating profit percentage was at 62.4 % (EBIT: 0.3 mDKK), while net earnings were 92.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent and Return on Equity (ROE) was 7.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 23.6 %, 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. FTJ EJENDOMSSELSKAB ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales354.43399.92386.96428.00417.52
Gross profit207.56231.15242.01283.26281.22
EBIT195.41214.37234.40269.64260.63
Net earnings88.82110.59126.10153.5992.85
Shareholders equity total769.73880.331 006.421 160.011 252.87
Balance sheet total (assets)5 256.795 282.295 279.225 312.455 315.95
Net debt4 366.604 239.694 100.273 982.553 823.86
Profitability
EBIT-%55.1 %53.6 %60.6 %63.0 %62.4 %
ROA3.7 %4.1 %4.4 %5.1 %4.9 %
ROE12.2 %13.4 %13.4 %14.2 %7.7 %
ROI3.8 %4.1 %4.5 %5.2 %5.0 %
Economic value added (EVA)- 107.93-92.13-78.06-50.27-58.44
Solvency
Equity ratio14.6 %16.7 %19.1 %21.8 %23.6 %
Gearing568.5 %486.6 %411.1 %344.9 %310.7 %
Relative net indebtedness %1256.6 %1080.6 %1082.0 %951.8 %939.0 %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents9.0143.8037.1317.9369.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-576.2 %-520.9 %-543.3 %-482.0 %-498.0 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.91%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.6%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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