Fair IT A/S — Credit Rating and Financial Key Figures

CVR number: 33076886
Bødkervej 22, 4300 Holbæk
stn@fair-it.dk
tel: 70150112
www.fair-it.dk

Credit rating

Company information

Official name
Fair IT A/S
Personnel
6 persons
Established
2010
Company form
Limited company
Industry

About Fair IT A/S

Fair IT A/S (CVR number: 33076886) is a company from HOLBÆK. The company recorded a gross profit of 7076.4 kDKK in 2024. The operating profit was 454.2 kDKK, while net earnings were 326.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.2 %, which can be considered good but Return on Equity (ROE) was 20 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Fair IT A/S's liquidity measured by quick ratio was 1.7 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit5 720.006 257.005 892.006 615.007 076.37
EBIT793.00522.00186.00636.00454.19
Net earnings604.00378.00114.00477.00326.88
Shareholders equity total1 845.001 880.001 994.001 471.001 797.96
Balance sheet total (assets)3 478.003 069.003 283.003 900.003 799.12
Net debt- 914.00- 125.00- 173.00458.00- 128.41
Profitability
EBIT-%
ROA25.0 %15.9 %5.9 %18.0 %12.2 %
ROE38.3 %20.3 %5.9 %27.5 %20.0 %
ROI45.9 %25.9 %9.5 %29.5 %18.7 %
Economic value added (EVA)575.89350.4144.34393.89288.55
Solvency
Equity ratio53.0 %61.3 %60.7 %37.7 %47.3 %
Gearing2.8 %58.9 %46.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.42.32.11.41.7
Current ratio2.42.52.21.41.7
Cash and cash equivalents965.00125.00173.00408.00964.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:12.2%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.3%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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