FL Tech ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FL Tech ApS
FL Tech ApS (CVR number: 36737387) is a company from SKANDERBORG. The company recorded a gross profit of -300.5 kDKK in 2019. The operating profit was -300.5 kDKK, while net earnings were -239.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -30.8 %, which can be considered poor and Return on Equity (ROE) was -61.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31.3 %, 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. FL Tech ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 142.00 | 2 637.00 | -21.21 | - 300.45 |
EBIT | 142.00 | 2 418.00 | -43.73 | - 300.45 |
Net earnings | 108.00 | 1 885.00 | -34.09 | - 239.31 |
Shareholders equity total | 158.00 | 2 043.00 | 508.41 | 269.10 |
Balance sheet total (assets) | 272.00 | 2 749.00 | 1 090.00 | 860.98 |
Net debt | -65.00 | - 172.00 | - 991.74 | - 799.84 |
Profitability | ||||
EBIT-% | ||||
ROA | 52.2 % | 160.1 % | -2.3 % | -30.8 % |
ROE | 68.4 % | 171.3 % | -2.7 % | -61.6 % |
ROI | 89.9 % | 186.2 % | -3.0 % | -77.3 % |
Economic value added (EVA) | 108.00 | 1 881.11 | - 128.11 | - 215.03 |
Solvency | ||||
Equity ratio | 58.1 % | 74.3 % | 46.6 % | 31.3 % |
Gearing | ||||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 1.9 | 7.7 | 1.9 | 1.5 |
Current ratio | 2.4 | 8.9 | 1.9 | 1.5 |
Cash and cash equivalents | 65.00 | 172.00 | 991.74 | 799.84 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | B | BB |
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