FTE AUTOMOTIVE DENMARK ApS — Credit Rating and Financial Key Figures

FTE AUTOMOTIVE DENMARK ApS (CVR number: 35893474) is a company from ODENSE. The company recorded a gross profit of -26.5 kDKK in 2020. The operating profit was -26.5 kDKK, while net earnings were -25.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.8 %, which can be considered poor and Return on Equity (ROE) was -4.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47 %, 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. FTE AUTOMOTIVE DENMARK ApS's liquidity measured by quick ratio was 1.9 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.