FTM Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 39569140
Kløvermarken 2, 7400 Herning
klartorben@gmail.com

Credit rating

Company information

Official name
FTM Ejendomme ApS
Established
2018
Company form
Private limited company
Industry

About FTM Ejendomme ApS

FTM Ejendomme ApS (CVR number: 39569140) is a company from HERNING. The company recorded a gross profit of 72.7 kDKK in 2024. The operating profit was 44 kDKK, while net earnings were 31.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak but Return on Equity (ROE) was 8.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 15.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. FTM Ejendomme ApS'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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit173.33197.36173.60-0.5372.70
EBIT144.64168.67144.91-29.2344.01
Net earnings91.44110.2291.91-73.6931.45
Shareholders equity total238.11348.33440.25366.56398.00
Balance sheet total (assets)2 880.402 924.892 947.782 592.632 623.44
Net debt2 393.092 230.402 077.832 022.601 954.48
Profitability
EBIT-%
ROA5.1 %5.8 %4.9 %-1.1 %1.7 %
ROE47.5 %37.6 %23.3 %-18.3 %8.2 %
ROI5.3 %6.1 %5.1 %-1.1 %1.8 %
Economic value added (EVA)-28.36-10.69-31.73- 166.36-93.26
Solvency
Equity ratio8.3 %11.9 %15.0 %14.1 %15.2 %
Gearing1054.8 %701.3 %539.0 %566.0 %526.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.40.40.00.1
Current ratio0.30.40.40.00.1
Cash and cash equivalents118.43212.36294.9252.08140.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:1.70%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:15.2%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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