FUTURE ELECTRONICS A/S — Credit Rating and Financial Key Figures

CVR number: 19369099
Skomagervej 13 E, 7100 Vejle
tel: 76408765

Credit rating

Company information

Official name
FUTURE ELECTRONICS A/S
Personnel
9 persons
Established
1996
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About FUTURE ELECTRONICS A/S

FUTURE ELECTRONICS A/S (CVR number: 19369099) is a company from VEJLE. The company recorded a gross profit of 14.1 mDKK in 2023. The operating profit was 4942.4 kDKK, while net earnings were 3880.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 74.8 %, which can be considered excellent and Return on Equity (ROE) was 77.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73.7 %, 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. FUTURE ELECTRONICS A/S's liquidity measured by quick ratio was 3.7 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 profit11 014.5711 954.8712 171.8713 773.6014 053.91
EBIT3 113.974 198.013 785.124 967.724 942.42
Net earnings2 854.162 266.902 941.093 855.273 880.47
Shareholders equity total16 734.374 001.273 942.364 797.635 178.10
Balance sheet total (assets)18 164.096 694.005 729.846 375.357 025.98
Net debt-17 242.74-4 313.51- 820.26-1 098.67- 640.64
Profitability
EBIT-%
ROA21.7 %34.3 %61.5 %82.1 %74.8 %
ROE18.6 %21.9 %74.0 %88.2 %77.8 %
ROI23.8 %39.1 %87.5 %113.0 %100.0 %
Economic value added (EVA)2 478.363 300.212 959.123 713.103 659.19
Solvency
Equity ratio92.1 %59.8 %68.8 %75.3 %73.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio16.13.43.14.03.7
Current ratio16.13.43.14.03.7
Cash and cash equivalents17 242.744 313.51820.261 098.67640.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:74.8%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.7%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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