Futurize ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Futurize ApS
Futurize ApS (CVR number: 41487232) is a company from ODSHERRED. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a growth of 3182.4 % compared to the previous year. The operating profit percentage was at 1.6 % (EBIT: 0 mDKK), while net earnings were 2.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak and Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 52.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Futurize ApS's liquidity measured by quick ratio was 2.1 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 520.96 | 44.00 | 5.11 | 167.73 |
Gross profit | 464.29 | -12.23 | -27.52 | 92.07 |
EBIT | 432.63 | - 126.04 | - 119.72 | 2.63 |
Net earnings | 336.88 | - 129.04 | - 120.27 | 2.75 |
Shareholders equity total | 386.89 | 257.85 | 137.56 | 140.31 |
Balance sheet total (assets) | 489.37 | 258.99 | 137.75 | 265.53 |
Net debt | - 437.82 | - 231.14 | - 125.52 | -77.65 |
Profitability | ||||
EBIT-% | 83.0 % | -286.5 % | -2342.8 % | 1.6 % |
ROA | 88.3 % | -34.5 % | -60.6 % | 1.4 % |
ROE | 87.1 % | -40.0 % | -60.8 % | 2.0 % |
ROI | 111.6 % | -40.0 % | -60.8 % | 2.0 % |
Economic value added (EVA) | 337.45 | - 123.48 | - 104.13 | 12.47 |
Solvency | ||||
Equity ratio | 79.1 % | 99.6 % | 99.9 % | 52.8 % |
Gearing | ||||
Relative net indebtedness % | -64.4 % | -522.8 % | -2452.6 % | 28.4 % |
Liquidity | ||||
Quick ratio | 4.6 | 216.8 | 706.9 | 2.1 |
Current ratio | 4.6 | 216.8 | 706.9 | 2.1 |
Cash and cash equivalents | 437.82 | 231.14 | 125.52 | 77.65 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 19.6 | 45.7 | 408.8 | |
Net working capital % | 70.4 % | 560.2 % | 2638.6 % | 83.7 % |
Credit risk | ||||
Credit rating | BBB | BB | B | BB |
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