future it is ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About future it is ApS
future it is ApS (CVR number: 42069426) is a company from FREDERIKSBERG. The company recorded a gross profit of 579.7 kDKK in 2023. The operating profit was 5.7 kDKK, while net earnings were -5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak but Return on Equity (ROE) was -7.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.1 %, 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. future it is ApS's liquidity measured by quick ratio was 1.1 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 financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 519.85 | 611.36 | 579.72 |
EBIT | 106.65 | 87.27 | 5.72 |
Net earnings | 78.80 | 64.52 | -4.96 |
Shareholders equity total | 118.80 | 105.31 | 25.40 |
Balance sheet total (assets) | 306.87 | 272.14 | 120.60 |
Net debt | 21.87 | -31.69 | -52.28 |
Profitability | |||
EBIT-% | |||
ROA | 34.8 % | 30.1 % | 2.9 % |
ROE | 66.3 % | 57.6 % | -7.6 % |
ROI | 74.9 % | 70.4 % | 8.8 % |
Economic value added (EVA) | 82.24 | 61.46 | 1.03 |
Solvency | |||
Equity ratio | 38.7 % | 38.7 % | 21.1 % |
Gearing | 19.9 % | ||
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 1.6 | 1.7 | 1.1 |
Current ratio | 1.6 | 1.7 | 1.1 |
Cash and cash equivalents | 1.81 | 31.69 | 52.28 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | BB | BBB |
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