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

CVR number: 73648718
Gelstedvej 22, Rørup 5560 Aarup
tel: 65654009

Credit rating

Company information

Official name
FTZ AUTODELE & VÆRKTØJ A/S
Personnel
1262 persons
Established
1984
Domicile
Rørup
Company form
Limited company
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales2 299.812 439.472 434.952 534.092 581.91
Gross profit2 299.812 439.47738.70761.02736.62
EBIT219.22249.99173.99179.83137.25
Net earnings180.39202.15144.35151.03122.42
Shareholders equity total811.46835.13779.42787.91760.76
Balance sheet total (assets)1 079.281 152.531 090.051 246.581 593.22
Net debt-2.355.5020.52
Profitability
EBIT-%9.5 %10.2 %7.1 %7.1 %5.3 %
ROA20.6 %22.4 %16.6 %16.6 %11.2 %
ROE22.5 %24.6 %17.9 %19.3 %15.8 %
ROI20.6 %22.4 %18.7 %21.3 %14.0 %
Economic value added (EVA)179.39209.2292.88103.9069.92
Solvency
Equity ratio100.0 %100.0 %71.5 %62.9 %47.6 %
Gearing1.0 %1.0 %3.1 %
Relative net indebtedness %10.5 %18.0 %32.1 %
Liquidity
Quick ratio1.81.81.5
Current ratio3.63.62.9
Cash and cash equivalents10.422.523.20
Capital use efficiency
Trade debtors turnover (days)32.329.526.4
Net working capital %28.4 %26.8 %24.7 %
Credit risk
Credit ratingBBBBBBAAAAAAAA

Variable visualization

ROA:11.2%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.6%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer
Chief executive officer
Board member
Board member

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