FTM Denmark ApS — Credit Rating and Financial Key Figures

FTM Denmark ApS (CVR number: 38680196) is a company from SKANDERBORG. The company recorded a gross profit of -560.7 kDKK in 2023. The operating profit was -682.1 kDKK, while net earnings were 568 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.3 %, which can be considered excellent and Return on Equity (ROE) was 106.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FTM Denmark ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.