Future Fuels Holding ApS — Credit Rating and Financial Key Figures

CVR number: 43488937
Masnedøvej 53, 4760 Vordingborg
tk@tke.dk

Credit rating

Company information

Official name
Future Fuels Holding ApS
Established
2022
Company form
Private limited company
Industry

About Future Fuels Holding ApS

Future Fuels Holding ApS (CVR number: 43488937) is a company from VORDINGBORG. The company recorded a gross profit of -15.5 kDKK in 2023. The operating profit was -15.5 kDKK, while net earnings were 35.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak and Return on Equity (ROE) was 0.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 90.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Future Fuels Holding ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
Volume
Net sales
Gross profit-6.25-15.50
EBIT-6.25-15.50
Net earnings-4.8835.40
Shareholders equity total11 980.3712 015.77
Balance sheet total (assets)11 986.6213 334.07
Net debt
Profitability
EBIT-%
ROA-0.1 %0.5 %
ROE-0.0 %0.3 %
ROI-0.1 %0.5 %
Economic value added (EVA)-4.88-11.00
Solvency
Equity ratio99.9 %90.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.21.0
Current ratio0.21.0
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBB

Variable visualization

ROA:0.48%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.1%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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