FTT Strandby ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FTT Strandby ApS
FTT Strandby ApS (CVR number: 20997095) is a company from FREDERIKSHAVN. The company recorded a gross profit of 1340.5 kDKK in 2023. The operating profit was -1301.2 kDKK, while net earnings were -1351.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -35.4 %, which can be considered poor and Return on Equity (ROE) was -51.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FTT Strandby ApS's liquidity measured by quick ratio was 1.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 797.69 | 2 969.33 | 2 980.11 | 2 623.25 | 1 340.50 |
EBIT | 911.22 | 1 062.85 | 871.52 | 318.68 | -1 301.20 |
Net earnings | 669.31 | 788.26 | 635.12 | 51.54 | -1 351.77 |
Shareholders equity total | 3 009.26 | 3 397.52 | 3 632.64 | 3 284.18 | 1 932.41 |
Balance sheet total (assets) | 4 839.27 | 5 041.34 | 5 213.01 | 4 620.73 | 2 673.96 |
Net debt | 784.24 | 285.01 | 766.21 | 760.50 | 488.82 |
Profitability | |||||
EBIT-% | |||||
ROA | 18.8 % | 21.5 % | 17.0 % | 6.5 % | -35.4 % |
ROE | 23.3 % | 24.6 % | 18.1 % | 1.5 % | -51.8 % |
ROI | 21.0 % | 23.7 % | 18.2 % | 6.8 % | -36.6 % |
Economic value added (EVA) | 510.23 | 635.09 | 490.75 | 30.60 | -1 491.03 |
Solvency | |||||
Equity ratio | 62.2 % | 67.4 % | 69.7 % | 71.1 % | 72.3 % |
Gearing | 45.0 % | 34.2 % | 35.6 % | 32.8 % | 34.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 2.0 | 1.6 | 1.2 | 1.6 |
Current ratio | 1.4 | 2.0 | 1.6 | 1.2 | 1.6 |
Cash and cash equivalents | 570.70 | 876.90 | 527.15 | 317.75 | 180.16 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | BB |
Variable visualization
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