FTX Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FTX Holding ApS
FTX Holding ApS (CVR number: 34210403) is a company from AALBORG. The company recorded a gross profit of 81.1 kDKK in 2024. The operating profit was -28.9 kDKK, while net earnings were 74.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent but Return on Equity (ROE) was 13 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 57.6 %, 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. FTX Holding ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -2.50 | 174.52 | 189.60 | 156.04 | 81.10 |
EBIT | -2.50 | 97.88 | 50.79 | -39.95 | -28.90 |
Net earnings | - 153.69 | 70.33 | 92.34 | 412.32 | 74.30 |
Shareholders equity total | -9.39 | 60.94 | 153.28 | 565.60 | 578.91 |
Balance sheet total (assets) | 185.56 | 898.64 | 988.18 | 1 531.74 | 1 004.54 |
Net debt | 191.98 | 788.56 | 799.85 | 742.62 | 391.69 |
Profitability | |||||
EBIT-% | |||||
ROA | -60.0 % | 19.7 % | 10.6 % | 36.3 % | 6.7 % |
ROE | -93.2 % | 57.1 % | 86.2 % | 114.7 % | 13.0 % |
ROI | -60.3 % | 20.4 % | 11.1 % | 39.8 % | 7.4 % |
Economic value added (EVA) | -18.23 | 52.60 | -7.17 | - 100.32 | -85.75 |
Solvency | |||||
Equity ratio | -4.8 % | 6.8 % | 15.5 % | 36.9 % | 57.6 % |
Gearing | -2063.5 % | 1311.7 % | 524.2 % | 135.8 % | 68.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.1 | 0.1 | 0.4 | 1.4 |
Current ratio | 0.3 | 0.1 | 0.1 | 0.4 | 1.4 |
Cash and cash equivalents | 1.72 | 10.80 | 3.72 | 25.73 | 2.24 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
Variable visualization
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