FTZ AUTODELE & VÆRKTØJ A/S — Credit Rating and Financial Key Figures

FTZ AUTODELE & VÆRKTØJ A/S (CVR number: 73648718) is a company from ODENSE. The company reported a net sales of 2534.1 mDKK in 2023, demonstrating a growth of 4.1 % compared to the previous year. The operating profit percentage was at 7.1 % (EBIT: 179.8 mDKK), while net earnings were 151 mDKK. The profitability of the company measured by Return on Assets (ROA) was 17.8 %, which can be considered excellent and Return on Equity (ROE) was 19.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FTZ AUTODELE & VÆRKTØJ A/S's liquidity measured by quick ratio was 1.9 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.