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
10 persons
Established
1996
Company form
Limited company
Industry

About FUTURE ELECTRONICS A/S

FUTURE ELECTRONICS A/S (CVR number: 19369099) is a company from VEJLE. The company recorded a gross profit of 11 mDKK in 2024. The operating profit was 3393.6 kDKK, while net earnings were 2707.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 61.2 %, which can be considered excellent and Return on Equity (ROE) was 63.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.5 %, 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 4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit11 954.8712 171.8713 773.6014 053.9110 975.60
EBIT4 198.013 785.124 967.724 942.423 393.55
Net earnings2 266.902 941.093 855.273 880.472 707.55
Shareholders equity total4 001.273 942.364 797.635 178.103 385.65
Balance sheet total (assets)6 694.005 729.846 375.357 025.984 483.74
Net debt-4 313.51- 820.26-1 098.67- 640.64-1 194.19
Profitability
EBIT-%
ROA34.3 %61.5 %82.1 %74.8 %61.2 %
ROE21.9 %74.0 %88.2 %77.8 %63.2 %
ROI39.1 %87.5 %113.0 %100.0 %81.9 %
Economic value added (EVA)2 432.422 741.123 670.533 602.712 378.45
Solvency
Equity ratio59.8 %68.8 %75.3 %73.7 %75.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio3.43.14.03.74.0
Current ratio3.43.14.03.74.0
Cash and cash equivalents4 313.51820.261 098.67640.641 194.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:61.2%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.5%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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