Fast Forward APS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 234.35 | 184.67 | 213.91 | 26.31 | |
Gross profit | 43.38 | -4.14 | 17.54 | -35.35 | 1.38 |
EBIT | 38.22 | -15.44 | -1.25 | -35.35 | 1.38 |
Net earnings | 29.36 | -15.56 | -1.51 | -35.35 | 1.80 |
Shareholders equity total | 25.33 | 47.77 | 46.26 | 11.24 | -9.44 |
Balance sheet total (assets) | 43.89 | 61.80 | 46.26 | 18.39 | 20.30 |
Net debt | -43.89 | -20.00 | -23.11 | -18.39 | 9.44 |
Profitability | |||||
EBIT-% | 16.3 % | -8.4 % | -0.6 % | -134.3 % | |
ROA | 132.9 % | -29.2 % | -2.3 % | -109.3 % | 5.7 % |
ROE | 224.3 % | -42.6 % | -3.2 % | -122.9 % | 11.4 % |
ROI | 301.8 % | -42.2 % | -2.7 % | -122.9 % | 6.7 % |
Economic value added (EVA) | 30.07 | -16.71 | -3.65 | -37.67 | 0.81 |
Solvency | |||||
Equity ratio | 57.7 % | 77.3 % | 100.0 % | 61.1 % | -31.7 % |
Gearing | -315.0 % | ||||
Relative net indebtedness % | -10.8 % | -3.2 % | -10.8 % | -42.7 % | |
Liquidity | |||||
Quick ratio | 2.4 | 4.4 | 2.6 | 0.7 | |
Current ratio | 2.4 | 4.4 | 2.6 | 0.7 | |
Cash and cash equivalents | 43.89 | 20.00 | 23.11 | 18.39 | 20.30 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 5.1 | ||||
Net working capital % | 10.8 % | 25.9 % | 21.6 % | 42.7 % | |
Credit risk | |||||
Credit rating | BB | BB | B | BB | BB |
Variable visualization
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