F.T. HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29180571
Tornumvej 6, Møgelmose 6630 Rødding
tel: 74841561

Credit rating

Company information

Official name
F.T. HOLDING ApS
Established
2005
Domicile
Møgelmose
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit22.4017.747.570.05- 147.48
EBIT-26.40-31.06-41.22-48.75- 196.27
Net earnings488.422 260.27- 568.23- 444.63110.35
Shareholders equity total4 997.597 202.566 577.826 076.006 127.44
Balance sheet total (assets)7 063.799 235.228 610.548 116.328 162.42
Net debt1 618.411 192.651 173.43-1 385.34-3 745.84
Profitability
EBIT-%
ROA7.4 %28.0 %-5.9 %-0.1 %3.0 %
ROE10.2 %37.1 %-8.2 %-7.0 %1.8 %
ROI7.6 %28.9 %-6.1 %-0.1 %3.1 %
Economic value added (EVA)- 345.49- 366.02- 483.28- 457.74- 547.99
Solvency
Equity ratio70.7 %78.0 %76.4 %74.9 %75.1 %
Gearing36.1 %24.6 %27.0 %29.3 %29.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.43.12.822.823.6
Current ratio1.43.12.822.823.6
Cash and cash equivalents185.53582.00601.243 167.625 520.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:3.04%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.1%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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