FUTURE ENERGY TECHNOLOGIES ApS — Credit Rating and Financial Key Figures

CVR number: 34489882
Fælledvej 17, 7600 Struer
jb@fenertec.com
tel: 24430107
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Company information

Official name
FUTURE ENERGY TECHNOLOGIES ApS
Personnel
1 person
Established
2012
Company form
Private limited company
Industry

About FUTURE ENERGY TECHNOLOGIES ApS

FUTURE ENERGY TECHNOLOGIES ApS (CVR number: 34489882) is a company from STRUER. The company reported a net sales of 0 mDKK in 2024. The operating profit percentage was at 49.4 % (EBIT: 0 mDKK), while net earnings were 0.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -94.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FUTURE ENERGY TECHNOLOGIES ApS's liquidity measured by quick ratio was 754.9 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales74.3524.600.94
Gross profit69.8620.07-4.16-1.460.46
EBIT69.86-17.00-4.16-1.460.46
Net earnings313.47-4.87-1.460.49
Shareholders equity total-2 968.36-2 973.22-2 823.02-2 824.48-2 823.99
Balance sheet total (assets)58.9033.34177.40175.94176.66
Net debt2 999.822 967.072 966.432 966.542 965.82
Profitability
EBIT-%94.0 %-69.1 %49.4 %
ROA13.3 %-0.2 %0.1 %-0.0 %0.0 %
ROE276.6 %-10.5 %-0.0 %0.0 %
ROI11.0 %-0.1 %0.1 %-0.0 %0.0 %
Economic value added (EVA)195.69-19.23-4.32-10.37-8.38
Solvency
Equity ratio-98.1 %-98.9 %-47.0 %-47.1 %-94.1 %
Gearing-101.5 %-100.9 %-106.3 %-106.2 %-106.2 %
Relative net indebtedness %4054.4 %12086.3 %316210.1 %
Liquidity
Quick ratio4.05.40.10.1754.9
Current ratio4.05.40.10.1754.9
Cash and cash equivalents12.8433.3433.9833.8834.60
Capital use efficiency
Trade debtors turnover (days)226.1
Net working capital %59.6 %110.5 %18808.2 %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:0.02%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-94.1%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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