FLYFAST ApS — Credit Rating and Financial Key Figures

CVR number: 36484942
Teglholmsgade 6 A, 2450 København SV
sv@flyfast.dk
tel: 31238800
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Company information

Official name
FLYFAST ApS
Personnel
1 person
Established
2014
Company form
Private limited company
Industry

About FLYFAST ApS

FLYFAST ApS (CVR number: 36484942) is a company from KØBENHAVN. The company reported a net sales of 0.1 mDKK in 2024, demonstrating a decline of -79.2 % compared to the previous year. The operating profit percentage was poor at -3.6 % (EBIT: -0 mDKK), while net earnings were -9.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.9 %, which can be considered poor and Return on Equity (ROE) was -18 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FLYFAST ApS's liquidity measured by quick ratio was 3.8 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.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales448.10268.5975.40567.81118.03
Gross profit203.5985.55-10.06167.5235.71
EBIT21.99-7.43-40.065.29-4.29
Net earnings14.56-9.10-31.772.23-9.36
Shareholders equity total109.45136.35104.5856.8147.45
Balance sheet total (assets)243.37177.13121.93159.7364.15
Net debt- 173.08- 149.85-71.96-76.09-17.64
Profitability
EBIT-%4.9 %-2.8 %-53.1 %0.9 %-3.6 %
ROA9.8 %-3.3 %-26.6 %3.8 %-2.9 %
ROE14.3 %-7.4 %-26.4 %2.8 %-18.0 %
ROI23.7 %-5.7 %-33.0 %6.7 %-6.2 %
Economic value added (EVA)11.97-12.93-38.140.04-7.15
Solvency
Equity ratio45.0 %77.0 %85.8 %35.6 %74.0 %
Gearing
Relative net indebtedness %-8.7 %-40.6 %-72.4 %4.7 %-0.8 %
Liquidity
Quick ratio1.84.37.01.63.8
Current ratio1.84.37.01.63.8
Cash and cash equivalents173.08149.8571.9676.0917.64
Capital use efficiency
Trade debtors turnover (days)30.1
Net working capital %24.4 %50.8 %138.7 %10.0 %40.2 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-2.91%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.0%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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