FH TECHNOLOGY ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FH TECHNOLOGY ApS
FH TECHNOLOGY ApS (CVR number: 20066237) is a company from FREDERIKSBERG. The company recorded a gross profit of -40.3 kDKK in 2023. The operating profit was -40.3 kDKK, while net earnings were -11.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent but Return on Equity (ROE) was -39.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64 %, 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. FH TECHNOLOGY ApS's liquidity measured by quick ratio was 2.8 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -42.00 | -52.00 | - 140.00 | -83.00 | -40.28 |
EBIT | -42.00 | -52.00 | - 140.00 | -83.00 | -40.28 |
Net earnings | 111 842.00 | 686 316.00 | 24 149.00 | -24 045.00 | -11 503.71 |
Shareholders equity total | 22 593.00 | 484 908.00 | 59 058.00 | 35 012.00 | 23 509.00 |
Balance sheet total (assets) | 38 406.00 | 567 530.00 | 135 226.00 | 49 257.00 | 36 753.02 |
Net debt | -22 828.00 | -59 738.00 | -98 605.00 | -47 164.00 | -23 457.62 |
Profitability | |||||
EBIT-% | |||||
ROA | 453.0 % | 253.9 % | 19.0 % | 7.4 % | 4.2 % |
ROE | 553.5 % | 270.5 % | 8.9 % | -51.1 % | -39.3 % |
ROI | 629.9 % | 303.1 % | 23.0 % | 10.4 % | 5.0 % |
Economic value added (EVA) | 861.90 | 1 524.85 | 4 048.54 | 3 743.81 | 620.76 |
Solvency | |||||
Equity ratio | 58.8 % | 85.4 % | 43.7 % | 71.1 % | 64.0 % |
Gearing | 61.9 % | 2.9 % | 55.6 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 2.3 | 2.1 | 3.5 | 2.8 |
Current ratio | 1.4 | 2.3 | 2.1 | 3.5 | 2.8 |
Cash and cash equivalents | 22 828.00 | 59 738.00 | 135 147.00 | 48 167.00 | 36 534.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
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