FUTURECONNECTION ApS — Credit Rating and Financial Key Figures

CVR number: 39662809
Sorøvej 1, 6000 Kolding
Bjarne@futureconnection.dk
tel: 20460922
futureconnection.dk

Company information

Official name
FUTURECONNECTION ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry

About FUTURECONNECTION ApS

FUTURECONNECTION ApS (CVR number: 39662809) is a company from KOLDING. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -3 % compared to the previous year. The operating profit percentage was at 0.6 % (EBIT: 0 mDKK), while net earnings were 0.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak and Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 70.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FUTURECONNECTION ApS's liquidity measured by quick ratio was 3.3 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
2019
2020
2021
2022
2023
Volume
Net sales-15.07120.16166.13150.84146.30
Gross profit-15.07104.33159.19141.29138.48
EBIT-15.072.0216.460.200.81
Net earnings-15.072.0216.460.200.84
Shareholders equity total34.9336.9553.4152.8353.67
Balance sheet total (assets)34.9376.2699.3376.7976.58
Net debt-32.95-76.26-48.50-34.05-76.58
Profitability
EBIT-%1.7 %9.9 %0.1 %0.6 %
ROA-43.1 %3.6 %18.8 %0.2 %1.1 %
ROE-43.1 %5.6 %36.4 %0.4 %1.6 %
ROI-43.1 %5.6 %36.4 %0.4 %1.6 %
Economic value added (EVA)-15.070.2614.61-2.48-1.84
Solvency
Equity ratio100.0 %48.4 %53.8 %68.8 %70.1 %
Gearing
Relative net indebtedness %218.6 %-30.7 %-1.6 %-6.7 %-36.7 %
Liquidity
Quick ratio1.92.23.23.3
Current ratio1.92.23.23.3
Cash and cash equivalents32.9576.2648.5034.0576.58
Capital use efficiency
Trade debtors turnover (days)111.7103.4
Net working capital %-231.8 %30.7 %32.1 %35.0 %36.7 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:1.12%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.1%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

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