F TECH ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About F TECH ApS
F TECH ApS (CVR number: 10580307) is a company from AARHUS. The company recorded a gross profit of 358.7 kDKK in 2024. The operating profit was -62.4 kDKK, while net earnings were -55.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.7 %, which can be considered poor and Return on Equity (ROE) was -12.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.5 %, 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 753.85 | 548.24 | 452.16 | 389.10 | 358.72 |
EBIT | 6.10 | 42.34 | -27.99 | 36.74 | -62.37 |
Net earnings | 25.67 | 5.27 | -37.83 | 25.79 | -55.79 |
Shareholders equity total | 475.69 | 480.97 | 443.14 | 468.92 | 413.14 |
Balance sheet total (assets) | 1 811.11 | 1 708.18 | 1 658.23 | 1 671.84 | 1 684.39 |
Net debt | - 510.86 | - 133.92 | - 398.75 | - 386.77 | - 306.71 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.5 % | 2.4 % | -1.1 % | 3.5 % | -2.7 % |
ROE | 2.7 % | 1.1 % | -8.2 % | 5.7 % | -12.6 % |
ROI | 3.3 % | 3.2 % | -1.3 % | 3.9 % | -2.9 % |
Economic value added (EVA) | - 105.83 | -29.72 | -94.37 | -43.87 | - 125.36 |
Solvency | |||||
Equity ratio | 26.3 % | 28.2 % | 26.7 % | 28.0 % | 24.5 % |
Gearing | 161.1 % | 200.0 % | 225.7 % | 225.6 % | 262.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.2 | 1.2 | 1.3 | 1.3 |
Current ratio | 1.2 | 1.2 | 1.2 | 1.3 | 1.3 |
Cash and cash equivalents | 1 276.96 | 1 095.92 | 1 398.94 | 1 444.75 | 1 390.28 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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