Fast Forward APS — Credit Rating and Financial Key Figures

CVR number: 38449508
Ægirsgade 44, 2200 København N
contact@fastforwardcopenhagen.com
tel: 40437560
www.fastforwardcopenhagen.com

Company information

Official name
Fast Forward APS
Established
2017
Company form
Private limited company
Industry

About Fast Forward APS

Fast Forward APS (CVR number: 38449508) is a company from KØBENHAVN. The company recorded a gross profit of 1.4 kDKK in 2024, demonstrating a growth of 0 % compared to the previous year. The operating profit was 1.4 kDKK, while net earnings were 1.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent but Return on Equity (ROE) was 11.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -31.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Fast Forward APS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales234.35184.67213.9126.31
Gross profit43.38-4.1417.54-35.351.38
EBIT38.22-15.44-1.25-35.351.38
Net earnings29.36-15.56-1.51-35.351.80
Shareholders equity total25.3347.7746.2611.24-9.44
Balance sheet total (assets)43.8961.8046.2618.3920.30
Net debt-43.89-20.00-23.11-18.399.44
Profitability
EBIT-%16.3 %-8.4 %-0.6 %-134.3 %
ROA132.9 %-29.2 %-2.3 %-109.3 %5.7 %
ROE224.3 %-42.6 %-3.2 %-122.9 %11.4 %
ROI301.8 %-42.2 %-2.7 %-122.9 %6.7 %
Economic value added (EVA)30.07-16.71-3.65-37.670.81
Solvency
Equity ratio57.7 %77.3 %100.0 %61.1 %-31.7 %
Gearing-315.0 %
Relative net indebtedness %-10.8 %-3.2 %-10.8 %-42.7 %
Liquidity
Quick ratio2.44.42.60.7
Current ratio2.44.42.60.7
Cash and cash equivalents43.8920.0023.1118.3920.30
Capital use efficiency
Trade debtors turnover (days)5.1
Net working capital %10.8 %25.9 %21.6 %42.7 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:5.73%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-31.7%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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