FTC A/S

CVR number: 30495098
Søndre Strandvej 40, 3000 Helsingør

Credit rating

Company information

Official name
FTC A/S
Established
2007
Company form
Limited company
Industry
  • Expand more icon68Real estate activities

About FTC A/S

FTC A/S (CVR number: 30495098) is a company from HELSINGØR. The company recorded a gross profit of 1730.5 kDKK in 2023. The operating profit was 3470.5 kDKK, while net earnings were 1445 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good but Return on Equity (ROE) was 5.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 46.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FTC A/S's liquidity measured by quick ratio was 0.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit2 701.812 742.182 394.161 402.951 730.51
EBIT2 701.812 570.525 174.161 402.953 470.51
Net earnings1 682.291 823.806 141.441 909.541 444.99
Shareholders equity total16 408.3318 232.1323 573.5725 483.1126 928.10
Balance sheet total (assets)54 250.5455 251.0258 246.0557 375.8258 398.10
Net debt31 442.2928 904.3226 411.2824 377.7425 210.63
Profitability
EBIT-%
ROA5.9 %5.2 %15.1 %6.7 %9.7 %
ROE10.5 %10.5 %29.4 %7.8 %5.5 %
ROI6.1 %5.4 %15.6 %6.8 %9.8 %
Economic value added (EVA)- 296.09- 334.331 716.02-1 320.62268.49
Solvency
Equity ratio30.2 %33.0 %40.5 %44.4 %46.1 %
Gearing193.7 %167.2 %118.9 %98.5 %94.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.50.50.30.1
Current ratio0.20.50.50.30.1
Cash and cash equivalents337.161 570.991 625.26711.16150.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:9.71%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.1%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

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