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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 the company

FTC A/S (CVR number: 30495098) is a company from HELSINGØR. The company recorded a gross profit of 1403 kDKK in 2022. The operating profit was 1403 kDKK, while net earnings were 1909.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent and Return on Equity (ROE) was 7.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 44.4 %, 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 0.3 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
20182019202020212022
Volume
Net sales
Gross profit2 789.112 701.812 742.182 394.161 402.95
EBIT3 289.112 701.812 570.525 174.161 402.95
Net earnings1 756.371 682.291 823.806 141.441 909.54
Shareholders equity total15 726.0416 408.3318 232.1323 573.5725 483.11
Balance sheet total (assets)54 589.4654 250.5455 251.0258 246.0557 375.82
Net debt32 547.8431 442.2928 904.3226 411.2824 377.74
Profitability
EBIT-%
ROA6.0 %5.9 %5.2 %15.1 %5.9 %
ROE11.5 %10.5 %10.5 %29.4 %7.8 %
ROI6.2 %6.1 %5.4 %15.6 %6.1 %
Economic value added (EVA)171.41- 296.09- 334.331 716.02-1 320.62
Solvency
Equity ratio28.8 %30.2 %33.0 %40.5 %44.4 %
Gearing210.8 %193.7 %167.2 %118.9 %98.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.20.50.50.3
Current ratio0.30.20.50.50.3
Cash and cash equivalents604.02337.161 570.991 625.26711.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:5.95%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Equity ratio:44.4%
Rating: 36/100
-1%
21%
50%
81%
99%
100%

Roles

Board member
Chairman of the board

Companies in the same industry

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