Fairstart Fonden — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 128.38 | 1 681.16 | 1 890.95 | 2 139.55 | 2 034.21 |
Gross profit | 1 885.74 | 1 465.69 | 1 511.24 | 1 590.88 | 1 604.90 |
EBIT | 0.83 | 3.10 | 20.77 | -5.57 | -6.45 |
Net earnings | -0.62 | -3.25 | 14.05 | -4.22 | -0.73 |
Shareholders equity total | 304.01 | 300.76 | 314.81 | 310.58 | 309.85 |
Balance sheet total (assets) | 1 368.60 | 792.50 | 1 008.29 | 1 127.76 | 1 386.47 |
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 % |
ROA | 0.1 % | 0.3 % | 2.3 % | -0.5 % | -0.0 % |
ROE | -0.2 % | -1.1 % | 4.6 % | -1.4 % | -0.2 % |
ROI | 0.3 % | 1.0 % | 6.7 % | -1.7 % | -0.2 % |
Economic value added (EVA) | -14.54 | -12.23 | 0.60 | -20.41 | -22.25 |
Solvency | |||||
Equity ratio | 22.2 % | 38.0 % | 31.2 % | 27.5 % | 22.3 % |
Gearing | |||||
Relative net indebtedness % | -11.4 % | 21.9 % | -10.4 % | 8.7 % | -9.9 % |
Liquidity | |||||
Quick ratio | 1.3 | 1.6 | 1.4 | 1.4 | 1.3 |
Current ratio | 1.3 | 1.6 | 1.4 | 1.4 | 1.3 |
Cash and cash equivalents | 1 305.49 | 123.10 | 886.01 | 627.32 | 1 274.24 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 1.4 | 3.4 | 72.2 | 7.1 | |
Net working capital % | 14.3 % | 17.9 % | 15.9 % | 14.0 % | 14.9 % |
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BBB |
Variable visualization
Roles
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.