IDCV FUEL GLOBAL FTG K/S — Credit Rating and Financial Key Figures

CVR number: 41322098
Havnegade 39 H, 1058 København K

Credit rating

Company information

Official name
IDCV FUEL GLOBAL FTG K/S
Established
2020
Company form
Limited partnership
Industry

About IDCV FUEL GLOBAL FTG K/S

IDCV FUEL GLOBAL FTG K/S (CVR number: 41322098K) is a company from KØBENHAVN. The company recorded a gross profit of -1377 kUSD in 2024. The operating profit was 5722 kUSD, while net earnings were 5722 kUSD. The profitability of the company measured by Return on Assets (ROA) was 11.7 %, which can be considered good but Return on Equity (ROE) was 5.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 96.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. IDCV FUEL GLOBAL FTG K/S's liquidity measured by quick ratio was 0 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 (kUSD)

EBIT (kUSD)

Profitability

Solidity

Key figures (kUSD)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit-0.70-1 821.00-1 387.00-1 377.00
EBIT12.77-3 995.0017 171.005 722.00
Net earnings12.77-4 173.0017 171.005 722.00
Shareholders equity total92.9988 814.00105 985.00111 707.00
Balance sheet total (assets)96.3987 861.00106 454.00113 551.00
Net debt-0.00-1.001 275.00
Profitability
EBIT-%
ROA27.2 %-9.1 %36.8 %11.7 %
ROE13.7 %-9.4 %17.6 %5.3 %
ROI28.2 %-9.1 %37.0 %11.8 %
Economic value added (EVA)12.77-3 999.6712 708.10396.25
Solvency
Equity ratio96.5 %100.0 %99.1 %96.7 %
Gearing1.1 %
Relative net indebtedness %
Liquidity
Quick ratio4.5
Current ratio4.5
Cash and cash equivalents0.001.002.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:11.7%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.7%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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