Futte Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Futte Holding ApS
Futte Holding ApS (CVR number: 41779365) is a company from RANDERS. The company recorded a gross profit of -3.1 kDKK in 2023. The operating profit was -3.1 kDKK, while net earnings were 10.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.4 %, which can be considered excellent and Return on Equity (ROE) was 28.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43.3 %, 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. Futte Holding ApS's liquidity measured by quick ratio was 1.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | -3.50 | -3.08 | |
EBIT | -3.50 | -3.08 | |
Net earnings | 0.10 | -4.00 | 10.73 |
Shareholders equity total | 35.94 | 32.00 | 42.49 |
Balance sheet total (assets) | 87.32 | 85.00 | 98.06 |
Net debt | -35.99 | -30.00 | -42.67 |
Profitability | |||
EBIT-% | |||
ROA | -3.1 % | 3.5 % | 17.4 % |
ROE | 0.3 % | -11.8 % | 28.8 % |
ROI | -3.1 % | 3.5 % | 17.5 % |
Economic value added (EVA) | -3.50 | 2.53 | 0.11 |
Solvency | |||
Equity ratio | 41.2 % | 37.6 % | 43.3 % |
Gearing | 140.2 % | 162.5 % | 128.4 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 1.7 | 1.6 | 1.8 |
Current ratio | 1.7 | 1.6 | 1.8 |
Cash and cash equivalents | 86.36 | 82.00 | 97.24 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BBB | BBB | BBB |
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