Fastrup Software ApS — Credit Rating and Financial Key Figures

CVR number: 36723483
Åbogade 15, 8200 Aarhus N
lars@fastrupsoftware.com
tel: 23340733
www.fastrupsoftware.com

Credit rating

Company information

Official name
Fastrup Software ApS
Personnel
2 persons
Established
2015
Company form
Private limited company
Industry

About Fastrup Software ApS

Fastrup Software ApS (CVR number: 36723483) is a company from AARHUS. The company recorded a gross profit of 1128.9 kDKK in 2023. The operating profit was 177.7 kDKK, while net earnings were 138.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.5 %, which can be considered good but Return on Equity (ROE) was 18.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.9 %, 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. Fastrup Software ApS's liquidity measured by quick ratio was 3.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 180.16864.941 097.911 301.751 128.92
EBIT362.215.19204.88405.04177.67
Net earnings279.53-2.49153.88308.99138.79
Shareholders equity total474.92222.42376.30685.29824.08
Balance sheet total (assets)1 246.17937.651 008.601 261.541 231.88
Net debt- 688.19- 531.21- 471.40- 808.55- 761.89
Profitability
EBIT-%
ROA34.2 %0.5 %21.1 %35.7 %14.5 %
ROE83.4 %-0.7 %51.4 %58.2 %18.4 %
ROI74.4 %1.0 %46.0 %64.1 %21.8 %
Economic value added (EVA)301.6523.95182.10326.96146.23
Solvency
Equity ratio38.1 %23.7 %37.3 %54.3 %66.9 %
Gearing33.7 %66.3 %35.1 %8.4 %8.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.41.72.33.3
Current ratio1.81.41.72.33.3
Cash and cash equivalents848.34678.68603.60866.13829.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:14.5%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.9%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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