F TECH ApS

CVR number: 10580307
Tirstrupvej 2, 8240 Risskov
friis@ftech.dk
tel: 87303734

Credit rating

Company information

Official name
F TECH ApS
Personnel
1 person
Established
1987
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About F TECH ApS

F TECH ApS (CVR number: 10580307) is a company from AARHUS. The company recorded a gross profit of 389.1 kDKK in 2023. The operating profit was 36.7 kDKK, while net earnings were 25.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak but Return on Equity (ROE) was 5.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 28 %, 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. F TECH 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 893.46753.85548.24452.16389.10
EBIT749.656.1042.34-27.9936.74
Net earnings596.1125.675.27-37.8325.79
Shareholders equity total1 450.02475.69480.97443.14468.92
Balance sheet total (assets)2 641.341 811.111 708.181 658.231 671.84
Net debt- 538.73- 510.86- 133.92- 398.75- 421.20
Profitability
EBIT-%
ROA27.7 %2.5 %2.4 %-1.1 %3.5 %
ROE45.8 %2.7 %1.1 %-8.2 %5.7 %
ROI35.2 %3.3 %3.2 %-1.3 %4.0 %
Economic value added (EVA)603.05-3.4172.949.0476.69
Solvency
Equity ratio54.9 %26.3 %28.2 %26.7 %28.0 %
Gearing51.7 %161.1 %200.0 %225.7 %218.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.41.21.21.21.3
Current ratio2.41.21.21.21.3
Cash and cash equivalents1 287.761 276.961 095.921 398.941 444.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBB

Variable visualization

ROA:3.50%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.0%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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