FTZ AUTODELE & VÆRKTØJ A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FTZ AUTODELE & VÆRKTØJ A/S
FTZ AUTODELE & VÆRKTØJ A/S (CVR number: 73648718) is a company from ASSENS. The company reported a net sales of 2581.9 mDKK in 2024, demonstrating a growth of 1.9 % compared to the previous year. The operating profit percentage was at 5.3 % (EBIT: 137.3 mDKK), while net earnings were 122.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.2 %, which can be considered good but Return on Equity (ROE) was 15.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.6 %, 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. FTZ AUTODELE & VÆRKTØJ A/S's liquidity measured by quick ratio was 1.5 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 299.81 | 2 439.47 | 2 434.95 | 2 534.09 | 2 581.91 |
Gross profit | 2 299.81 | 2 439.47 | 738.70 | 761.02 | 736.62 |
EBIT | 219.22 | 249.99 | 173.99 | 179.83 | 137.25 |
Net earnings | 180.39 | 202.15 | 144.35 | 151.03 | 122.42 |
Shareholders equity total | 811.46 | 835.13 | 779.42 | 787.91 | 760.76 |
Balance sheet total (assets) | 1 079.28 | 1 152.53 | 1 090.05 | 1 246.58 | 1 593.22 |
Net debt | -2.35 | 5.50 | 20.52 | ||
Profitability | |||||
EBIT-% | 9.5 % | 10.2 % | 7.1 % | 7.1 % | 5.3 % |
ROA | 20.6 % | 22.4 % | 16.6 % | 16.6 % | 11.2 % |
ROE | 22.5 % | 24.6 % | 17.9 % | 19.3 % | 15.8 % |
ROI | 20.6 % | 22.4 % | 18.7 % | 21.3 % | 14.0 % |
Economic value added (EVA) | 179.39 | 209.22 | 92.88 | 103.90 | 69.92 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 71.5 % | 62.9 % | 47.6 % |
Gearing | 1.0 % | 1.0 % | 3.1 % | ||
Relative net indebtedness % | 10.5 % | 18.0 % | 32.1 % | ||
Liquidity | |||||
Quick ratio | 1.8 | 1.8 | 1.5 | ||
Current ratio | 3.6 | 3.6 | 2.9 | ||
Cash and cash equivalents | 10.42 | 2.52 | 3.20 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 32.3 | 29.5 | 26.4 | ||
Net working capital % | 28.4 % | 26.8 % | 24.7 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | AA | AAA | AAA |
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