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FTP ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FTP ApS
FTP ApS (CVR number: 37786683) is a company from ESBJERG. The company recorded a gross profit of -5 kDKK in 2025. The operating profit was -5 kDKK, while net earnings were -109 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -31.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -87.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FTP ApS's liquidity measured by quick ratio was 23.1 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -34.35 | 42.57 | -20.14 | -17.70 | -5.00 |
| EBIT | -34.35 | 42.57 | -20.14 | -17.70 | -5.00 |
| Net earnings | - 500.79 | - 327.70 | - 117.64 | - 122.49 | - 108.97 |
| Shareholders equity total | 721.14 | -2 028.97 | -2 146.61 | -2 269.10 | -2 378.07 |
| Balance sheet total (assets) | 3 011.11 | 355.00 | 347.00 | 347.00 | 347.00 |
| Net debt | 2 268.40 | 2 336.47 | 2 478.61 | 2 606.10 | 2 710.07 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 13.2 % | 12.0 % | -0.8 % | -0.7 % | -0.2 % |
| ROE | -62.2 % | -60.9 % | -33.5 % | -35.3 % | -31.4 % |
| ROI | -13.1 % | -8.7 % | -0.8 % | -0.7 % | -0.2 % |
| Economic value added (EVA) | -76.95 | - 107.66 | -35.59 | -34.39 | -21.93 |
| Solvency | |||||
| Equity ratio | 23.9 % | -85.1 % | -86.1 % | -86.7 % | -87.3 % |
| Gearing | 314.6 % | -115.2 % | -115.5 % | -114.9 % | -114.0 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.5 | 0.5 | 1.3 | 34.7 | 23.1 |
| Current ratio | 0.5 | 0.5 | 1.3 | 34.7 | 23.1 |
| Cash and cash equivalents | |||||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BB | BB | BBB | BB |
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