FUTURE PRODUCTS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FUTURE PRODUCTS ApS
FUTURE PRODUCTS ApS (CVR number: 25607341) is a company from VEJLE. The company recorded a gross profit of -34.5 kDKK in 2019. The operating profit was -34.5 kDKK, while net earnings were -23.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -21.4 %, which can be considered poor and Return on Equity (ROE) was -31.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.4 %, 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. FUTURE PRODUCTS ApS's liquidity measured by quick ratio was 2.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 3.31 | 7.15 | -34.54 | |
EBIT | 3.31 | 7.15 | -34.54 | |
Net earnings | 6.29 | 9.25 | -23.23 | |
Shareholders equity total | 86.29 | 89.25 | 56.77 | |
Balance sheet total (assets) | 474.09 | 181.74 | 97.17 | |
Net debt | 331.61 | 0.28 | -8.88 | |
Profitability | ||||
EBIT-% | ||||
ROA | 1.7 % | 3.6 % | -21.4 % | |
ROE | 7.3 % | 10.5 % | -31.8 % | |
ROI | 1.9 % | 4.7 % | -40.6 % | |
Economic value added (EVA) | 2.59 | 1.24 | -31.43 | |
Solvency | ||||
Equity ratio | 18.2 % | 49.1 % | 58.4 % | |
Gearing | 384.4 % | 0.3 % | 0.9 % | |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 1.2 | 2.0 | 2.4 | |
Current ratio | 1.2 | 2.0 | 2.4 | |
Cash and cash equivalents | 0.06 | 9.37 | ||
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | B | BB | B | B |
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