FT Properties ApS — Credit Rating and Financial Key Figures

CVR number: 42539082
Ringstedvej 661, 4100 Ringsted

Credit rating

Company information

Official name
FT Properties ApS
Established
2021
Company form
Private limited company
Industry

About FT Properties ApS

FT Properties ApS (CVR number: 42539082) is a company from KØGE. The company reported a net sales of 0.2 mDKK in 2024, demonstrating a growth of 53.9 % compared to the previous year. The operating profit percentage was at 31.1 % (EBIT: 0.1 mDKK), while net earnings were -25.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was -7.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FT Properties 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales15.33108.42166.83
Gross profit-17.1341.5551.92
EBIT-17.1341.5551.92
Net earnings-13.36-2.85-25.40
Shareholders equity total399.97362.39336.99
Balance sheet total (assets)417.101 052.491 341.49
Net debt-39.87661.10975.50
Profitability
EBIT-%-111.7 %38.3 %31.1 %
ROA-4.1 %5.7 %4.3 %
ROE-3.3 %-0.7 %-7.3 %
ROI-4.3 %5.7 %4.3 %
Economic value added (EVA)-13.3621.450.49
Solvency
Equity ratio95.9 %34.1 %20.1 %
Gearing0.0 %182.4 %289.5 %
Relative net indebtedness %-149.2 %646.6 %802.3 %
Liquidity
Quick ratio2.62.20.1
Current ratio2.62.20.1
Cash and cash equivalents40.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %173.8 %12.5 %-185.5 %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:4.34%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.1%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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