Future Group Development ApS — Credit Rating and Financial Key Figures

CVR number: 29316953
Farverland 4, 2600 Glostrup
uffes@post4.tele.dk
Free credit report Annual report

Credit rating

Company information

Official name
Future Group Development ApS
Established
2006
Company form
Private limited company
Industry

About Future Group Development ApS

Future Group Development ApS (CVR number: 29316953) is a company from ALBERTSLUND. The company recorded a gross profit of -81 kDKK in 2024. The operating profit was -349.4 kDKK, while net earnings were -154.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -5.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 17.9 %, 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. Future Group Development ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit521.0090.00- 149.00-39.00-81.00
EBIT311.00- 121.00- 359.00- 288.00- 349.44
Net earnings401.00493.00131.0013.00- 154.29
Shareholders equity total2 331.002 824.002 955.002 967.002 813.03
Balance sheet total (assets)18 860.0019 189.0019 284.0016 016.0015 707.40
Net debt13 004.0012 799.0012 742.009 464.009 323.45
Profitability
EBIT-%
ROA3.9 %1.9 %0.6 %0.3 %-0.3 %
ROE18.2 %19.1 %4.5 %0.4 %-5.3 %
ROI4.8 %2.4 %0.6 %0.3 %-0.3 %
Economic value added (EVA)- 506.89- 867.43-1 064.58-1 077.83- 963.46
Solvency
Equity ratio12.4 %14.7 %15.3 %18.5 %17.9 %
Gearing557.9 %453.4 %431.9 %319.5 %332.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.50.70.50.6
Current ratio0.50.50.70.50.6
Cash and cash equivalents1.006.0021.0017.0022.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-0.34%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.9%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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