Feet on the Ground ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Feet on the Ground ApS
Feet on the Ground ApS (CVR number: 41064838) is a company from BALLERUP. The company recorded a gross profit of 379.8 kDKK in 2023. The operating profit was 12.9 kDKK, while net earnings were 7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.5 %, which can be considered decent and Return on Equity (ROE) was 7.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 48.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Feet on the Ground ApS's liquidity measured by quick ratio was 2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 274.98 | 676.53 | 731.00 | 379.83 |
EBIT | 160.79 | 134.82 | 149.66 | 12.85 |
Net earnings | 125.17 | 100.51 | 109.44 | 7.00 |
Shareholders equity total | 165.17 | 155.67 | 151.11 | 47.11 |
Balance sheet total (assets) | 223.98 | 205.70 | 246.72 | 96.36 |
Net debt | - 161.04 | - 137.55 | - 178.93 | -76.28 |
Profitability | ||||
EBIT-% | ||||
ROA | 71.8 % | 62.8 % | 66.2 % | 7.5 % |
ROE | 75.8 % | 62.7 % | 71.3 % | 7.1 % |
ROI | 97.3 % | 83.2 % | 96.3 % | 12.9 % |
Economic value added (EVA) | 125.20 | 104.27 | 111.52 | 10.55 |
Solvency | ||||
Equity ratio | 73.7 % | 75.7 % | 61.2 % | 48.9 % |
Gearing | 2.1 % | 0.6 % | 0.6 % | |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 3.8 | 4.1 | 2.6 | 2.0 |
Current ratio | 3.8 | 4.1 | 2.6 | 2.0 |
Cash and cash equivalents | 161.04 | 140.77 | 179.87 | 76.58 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | BB | B |
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