FULTON TECHNOLOGY ApS
Credit rating
Company information
About FULTON TECHNOLOGY ApS
FULTON TECHNOLOGY ApS (CVR number: 35034048) is a company from KØBENHAVN. The company reported a net sales of 0.8 mDKK in 2022, demonstrating a growth of 2 % compared to the previous year. The operating profit percentage was at 11.6 % (EBIT: 0.1 mDKK), while net earnings were 71 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.1 %, which can be considered excellent and Return on Equity (ROE) was 60.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.3 %, 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. FULTON TECHNOLOGY ApS's liquidity measured by quick ratio was 1.3 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 569.12 | 518.89 | 721.53 | 779.22 | 794.55 |
Gross profit | 174.68 | 245.75 | 395.50 | 212.59 | 394.73 |
EBIT | 9.29 | -38.97 | 126.98 | - 166.31 | 92.55 |
Net earnings | 7.25 | -30.40 | 97.42 | - 130.49 | 70.97 |
Shareholders equity total | 144.94 | 114.54 | 211.96 | 81.46 | 152.43 |
Balance sheet total (assets) | 188.70 | 149.84 | 348.51 | 180.69 | 655.20 |
Net debt | -42.66 | -33.55 | - 138.11 | -40.63 | -66.64 |
Profitability | |||||
EBIT-% | 1.6 % | -7.5 % | 17.6 % | -21.3 % | 11.6 % |
ROA | 4.6 % | -23.0 % | 53.0 % | -62.9 % | 22.1 % |
ROE | 5.1 % | -23.4 % | 59.7 % | -88.9 % | 60.7 % |
ROI | 6.5 % | -29.9 % | 80.9 % | -113.4 % | 77.3 % |
Economic value added (EVA) | 2.59 | -35.54 | 89.55 | - 133.43 | 70.13 |
Solvency | |||||
Equity ratio | 76.8 % | 76.4 % | 60.8 % | 45.1 % | 23.3 % |
Gearing | 3.6 % | ||||
Relative net indebtedness % | -0.0 % | 0.3 % | -0.2 % | 7.5 % | 10.1 % |
Liquidity | |||||
Quick ratio | 3.8 | 3.2 | 2.3 | 1.2 | 1.3 |
Current ratio | 3.8 | 3.2 | 2.3 | 1.2 | 1.3 |
Cash and cash equivalents | 42.66 | 33.55 | 138.11 | 40.63 | 72.13 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 45.1 | 8.7 | 25.6 | 13.7 | 37.8 |
Net working capital % | 20.6 % | 14.9 % | 24.1 % | 2.5 % | 5.9 % |
Credit risk | |||||
Credit rating | B | B | B | B | B |
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