FAS TRANSPORT ApS — Credit Rating and Financial Key Figures

FAS TRANSPORT ApS (CVR number: 35234691) is a company from RINGSTED. The company reported a net sales of 1.4 mDKK in 2023, demonstrating a decline of -1.6 % compared to the previous year. The operating profit percentage was at 3.8 % (EBIT: 0.1 mDKK), while net earnings were 15.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good but Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 71.5 %, 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. FAS TRANSPORT ApS's liquidity measured by quick ratio was 3.2 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.