FT2 ApS — Credit Rating and Financial Key Figures

CVR number: 33378173
Stensmosevej 24 E, 2620 Albertslund

Company information

Official name
FT2 ApS
Established
2010
Company form
Private limited company
Industry

About FT2 ApS

FT2 ApS (CVR number: 33378173) is a company from ALBERTSLUND. The company recorded a gross profit of 60.7 kDKK in 2017. The operating profit was 27.3 kDKK, while net earnings were -293.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was -81.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -16.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FT2 ApS's liquidity measured by quick ratio was 0.8 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
2016
2017
Volume
Net sales
Gross profit203.1760.71
EBIT134.0727.33
Net earnings99.43- 293.35
Shareholders equity total310.50-82.85
Balance sheet total (assets)571.84411.63
Net debt- 276.81145.50
Profitability
EBIT-%
ROA25.0 %7.2 %
ROE32.0 %-81.2 %
ROI46.0 %16.3 %
Economic value added (EVA)104.2019.62
Solvency
Equity ratio54.3 %-16.8 %
Gearing-192.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.20.8
Current ratio2.20.8
Cash and cash equivalents276.8114.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:7.17%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-16.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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