FT REN ApS — Credit Rating and Financial Key Figures

CVR number: 40925139
Sydvestvej 130, 2600 Glostrup

Credit rating

Company information

Official name
FT REN ApS
Personnel
31 persons
Established
2019
Company form
Private limited company
Industry

About FT REN ApS

FT REN ApS (CVR number: 40925139) is a company from GLOSTRUP. The company recorded a gross profit of 8658.7 kDKK in 2023. The operating profit was 368.1 kDKK, while net earnings were 246.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.6 %, which can be considered excellent and Return on Equity (ROE) was 40.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.6 %, 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. FT REN ApS's liquidity measured by quick ratio was 1.2 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit2 996.066 530.418 658.68
EBIT124.27487.00368.10
Net earnings91.89351.79246.47
Shareholders equity total40.00131.89483.67730.14
Balance sheet total (assets)40.001 172.491 286.022 308.48
Net debt195.22- 430.2275.43
Profitability
EBIT-%
ROA21.0 %39.6 %20.6 %
ROE106.9 %114.3 %40.6 %
ROI67.1 %94.1 %44.7 %
Economic value added (EVA)88.28347.82265.43
Solvency
Equity ratio100.0 %11.2 %37.6 %31.6 %
Gearing155.1 %43.3 %30.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.61.11.2
Current ratio0.61.11.2
Cash and cash equivalents9.28639.46147.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:20.6%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.6%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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