FUTURECOMPANY A/S
Credit rating
Company information
About FUTURECOMPANY A/S
FUTURECOMPANY A/S (CVR number: 27225748) is a company from AARHUS. The company recorded a gross profit of 473.6 kDKK in 2023. The operating profit was -90.2 kDKK, while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 73 %, 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. FUTURECOMPANY A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 054.30 | 680.13 | 1 856.29 | 875.03 | 473.63 |
EBIT | 190.25 | 115.57 | 1 178.18 | 511.46 | -90.17 |
Net earnings | 706.57 | 627.17 | 290.33 | - 507.58 | 0.01 |
Shareholders equity total | 2 017.04 | 2 644.21 | 2 934.54 | 2 426.97 | 2 426.97 |
Balance sheet total (assets) | 3 455.58 | 4 210.49 | 5 011.26 | 3 362.47 | 3 323.33 |
Net debt | -2 351.39 | -3 563.18 | -4 000.46 | 490.35 | 530.12 |
Profitability | |||||
EBIT-% | |||||
ROA | 28.9 % | 21.6 % | 26.2 % | 14.0 % | 1.1 % |
ROE | 42.5 % | 26.9 % | 10.4 % | -18.9 % | 0.0 % |
ROI | 36.4 % | 29.3 % | 38.3 % | 18.6 % | 1.3 % |
Economic value added (EVA) | 198.28 | 142.10 | 978.75 | 475.57 | - 185.97 |
Solvency | |||||
Equity ratio | 58.4 % | 62.8 % | 58.6 % | 72.2 % | 73.0 % |
Gearing | 34.6 % | 10.2 % | 15.6 % | 20.2 % | 21.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.2 | 2.6 | 2.3 | 0.5 | 0.8 |
Current ratio | 2.2 | 2.6 | 2.3 | 0.5 | 0.8 |
Cash and cash equivalents | 3 050.25 | 3 833.12 | 4 457.34 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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