FT TECHNOLOGIES ApS — Credit Rating and Financial Key Figures

CVR number: 29786046
Vinkelgade 12, 7400 Herning
brian.pedersen@fttech.co.uk
tel: 70204074

Credit rating

Company information

Official name
FT TECHNOLOGIES ApS
Personnel
1 person
Established
2006
Company form
Private limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About FT TECHNOLOGIES ApS

FT TECHNOLOGIES ApS (CVR number: 29786046) is a company from HERNING. The company recorded a gross profit of 575 kDKK in 2024. The operating profit was 300.6 kDKK, while net earnings were 234.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25 %, which can be considered excellent and Return on Equity (ROE) was 21.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 91.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FT TECHNOLOGIES ApS's liquidity measured by quick ratio was 11.3 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20202021202220232024
Volume
Net sales
Gross profit3 218.485 309.45460.33532.11574.95
EBIT1 930.094 011.74268.10274.36300.60
Net earnings1 430.703 061.71173.91208.83234.56
Shareholders equity total2 038.203 599.91773.81982.651 217.21
Balance sheet total (assets)5 130.346 038.892 227.871 095.461 335.16
Net debt-1 166.33-2 804.74- 659.49- 614.91-1 011.44
Profitability
EBIT-%
ROA37.7 %71.8 %6.5 %16.5 %25.0 %
ROE61.6 %108.6 %8.0 %23.8 %21.3 %
ROI42.8 %84.2 %7.5 %17.5 %27.4 %
Economic value added (EVA)1 536.463 206.28241.02275.46214.82
Solvency
Equity ratio39.7 %59.6 %34.7 %89.7 %91.2 %
Gearing118.8 %40.2 %177.0 %0.4 %0.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.42.51.59.711.3
Current ratio1.42.51.59.711.3
Cash and cash equivalents3 587.804 252.682 029.38618.421 022.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:25.0%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.2%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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