FLYFAST ApS — Credit Rating and Financial Key Figures

FLYFAST ApS (CVR number: 36484942) is a company from KØBENHAVN. The company reported a net sales of 0.6 mDKK in 2023, demonstrating a growth of 653.1 % compared to the previous year. The operating profit percentage was at 0.9 % (EBIT: 0 mDKK), while net earnings were 2.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak and Return on Equity (ROE) was 2.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 35.6 %, 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. FLYFAST ApS's liquidity measured by quick ratio was 1.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.