F.T. HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About F.T. HOLDING ApS
F.T. HOLDING ApS (CVR number: 29180571) is a company from VEJEN. The company recorded a gross profit of -147.5 kDKK in 2023. The operating profit was -196.3 kDKK, while net earnings were 110.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak and Return on Equity (ROE) was 1.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 75.1 %, 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. F.T. HOLDING ApS's liquidity measured by quick ratio was 23.6 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 | 22.40 | 17.74 | 7.57 | 0.05 | - 147.48 |
EBIT | -26.40 | -31.06 | -41.22 | -48.75 | - 196.27 |
Net earnings | 488.42 | 2 260.27 | - 568.23 | - 444.63 | 110.35 |
Shareholders equity total | 4 997.59 | 7 202.56 | 6 577.82 | 6 076.00 | 6 127.44 |
Balance sheet total (assets) | 7 063.79 | 9 235.22 | 8 610.54 | 8 116.32 | 8 162.42 |
Net debt | 1 618.41 | 1 192.65 | 1 173.43 | -1 385.34 | -3 745.84 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.4 % | 28.0 % | -5.9 % | -0.1 % | 3.0 % |
ROE | 10.2 % | 37.1 % | -8.2 % | -7.0 % | 1.8 % |
ROI | 7.6 % | 28.9 % | -6.1 % | -0.1 % | 3.1 % |
Economic value added (EVA) | - 345.49 | - 366.02 | - 483.28 | - 457.74 | - 547.99 |
Solvency | |||||
Equity ratio | 70.7 % | 78.0 % | 76.4 % | 74.9 % | 75.1 % |
Gearing | 36.1 % | 24.6 % | 27.0 % | 29.3 % | 29.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 3.1 | 2.8 | 22.8 | 23.6 |
Current ratio | 1.4 | 3.1 | 2.8 | 22.8 | 23.6 |
Cash and cash equivalents | 185.53 | 582.00 | 601.24 | 3 167.62 | 5 520.81 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | BBB |
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