FREMTID EJENDOMME ApS — Credit Rating and Financial Key Figures

CVR number: 37760145
Søvej 18, Nødebo 3480 Fredensborg
Lars@LHKstillads.dk

Company information

Official name
FREMTID EJENDOMME ApS
Personnel
1 person
Established
2016
Domicile
Nødebo
Company form
Private limited company
Industry

About FREMTID EJENDOMME ApS

FREMTID EJENDOMME ApS (CVR number: 37760145) is a company from HILLERØD. The company recorded a gross profit of 1239.9 kDKK in 2023. The operating profit was 773.9 kDKK, while net earnings were 313.8 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 15.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 17.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. FREMTID EJENDOMME ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit722.45983.741 145.751 043.941 239.91
EBIT475.44695.78814.41652.48773.90
Net earnings192.01315.78489.83204.83313.81
Shareholders equity total868.451 184.221 674.051 878.882 192.69
Balance sheet total (assets)8 298.0511 416.5411 393.1810 737.0412 359.64
Net debt6 870.069 247.877 629.048 145.899 139.59
Profitability
EBIT-%
ROA5.8 %7.1 %7.1 %5.9 %6.7 %
ROE24.9 %30.8 %34.3 %11.5 %15.4 %
ROI6.1 %7.4 %7.5 %6.1 %6.8 %
Economic value added (EVA)122.24302.54550.18315.77380.50
Solvency
Equity ratio10.5 %10.4 %14.7 %17.5 %17.7 %
Gearing792.3 %802.0 %531.1 %457.8 %438.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.10.20.10.1
Current ratio0.00.10.20.10.1
Cash and cash equivalents10.35250.181 261.54455.73467.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:6.70%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.7%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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