Fairstart Fonden — Credit Rating and Financial Key Figures

CVR number: 37662372
Frederiks Allé 112 B, 8000 Aarhus C
info@fairstartfoundation.com
tel: 40450102
www.fairstartfoundation.com

Credit rating

Company information

Official name
Fairstart Fonden
Personnel
5 persons
Established
2016
Industry

About Fairstart Fonden

Fairstart Fonden (CVR number: 37662372) is a company from AARHUS. The company reported a net sales of 2 mDKK in 2024, demonstrating a decline of -4.9 % compared to the previous year. The operating profit percentage was poor at -0.3 % (EBIT: -0 mDKK), while net earnings were -0.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0 %, which can be considered poor and Return on Equity (ROE) was -0.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.3 %, 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. Fairstart Fonden's liquidity measured by quick ratio was 1.3 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales2 128.381 681.161 890.952 139.552 034.21
Gross profit1 885.741 465.691 511.241 590.881 604.90
EBIT0.833.1020.77-5.57-6.45
Net earnings-0.62-3.2514.05-4.22-0.73
Shareholders equity total304.01300.76314.81310.58309.85
Balance sheet total (assets)1 368.60792.501 008.291 127.761 386.47
Net debt-1 305.49- 123.10- 886.01- 627.32-1 274.24
Profitability
EBIT-%0.0 %0.2 %1.1 %-0.3 %-0.3 %
ROA0.1 %0.3 %2.3 %-0.5 %-0.0 %
ROE-0.2 %-1.1 %4.6 %-1.4 %-0.2 %
ROI0.3 %1.0 %6.7 %-1.7 %-0.2 %
Economic value added (EVA)-14.54-12.230.60-20.41-22.25
Solvency
Equity ratio22.2 %38.0 %31.2 %27.5 %22.3 %
Gearing
Relative net indebtedness %-11.4 %21.9 %-10.4 %8.7 %-9.9 %
Liquidity
Quick ratio1.31.61.41.41.3
Current ratio1.31.61.41.41.3
Cash and cash equivalents1 305.49123.10886.01627.321 274.24
Capital use efficiency
Trade debtors turnover (days)1.43.472.27.1
Net working capital %14.3 %17.9 %15.9 %14.0 %14.9 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-0.05%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.3%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member
Board member
Chief executive officer

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