FUTURECONNECTION ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | -15.07 | 120.16 | 166.13 | 150.84 | 146.30 |
Gross profit | -15.07 | 104.33 | 159.19 | 141.29 | 138.48 |
EBIT | -15.07 | 2.02 | 16.46 | 0.20 | 0.81 |
Net earnings | -15.07 | 2.02 | 16.46 | 0.20 | 0.84 |
Shareholders equity total | 34.93 | 36.95 | 53.41 | 52.83 | 53.67 |
Balance sheet total (assets) | 34.93 | 76.26 | 99.33 | 76.79 | 76.58 |
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) | -15.07 | 0.26 | 14.61 | -2.48 | -1.84 |
Solvency | |||||
Equity ratio | 100.0 % | 48.4 % | 53.8 % | 68.8 % | 70.1 % |
Gearing | |||||
Relative net indebtedness % | 218.6 % | -30.7 % | -1.6 % | -6.7 % | -36.7 % |
Liquidity | |||||
Quick ratio | 1.9 | 2.2 | 3.2 | 3.3 | |
Current ratio | 1.9 | 2.2 | 3.2 | 3.3 | |
Cash and cash equivalents | 32.95 | 76.26 | 48.50 | 34.05 | 76.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 111.7 | 103.4 | |||
Net working capital % | -231.8 % | 30.7 % | 32.1 % | 35.0 % | 36.7 % |
Credit risk | |||||
Credit rating | B | BB | BB | BB | BB |
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