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FASTERHOLT HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 65602911
Bakken 38, 8722 Hedensted
per.kristensen@jf-kapital.dk
tel: 40151477

Company information

Official name
FASTERHOLT HOLDING A/S
Established
1981
Company form
Limited company
Industry

About FASTERHOLT HOLDING A/S

FASTERHOLT HOLDING A/S (CVR number: 65602911K) is a company from HEDENSTED. The company recorded a gross profit of -42 kDKK in 2016. The operating profit was -42 kDKK, while net earnings were 16.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 21.9 %, which can be considered excellent and Return on Equity (ROE) was 49 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.5 %, 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. FASTERHOLT HOLDING A/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2012
2013
2014
2015
2016
Volume
Net sales294.85308.65323.87
Gross profit73.30155.38165.22-0.04-0.04
EBIT16.109.8420.32-0.04-0.04
Net earnings1.090.779.877.9016.48
Shareholders equity total13.0112.2716.8326.2141.02
Balance sheet total (assets)284.09266.72253.8172.1784.69
Net debt45.9542.69
Profitability
EBIT-%
ROA7.9 %5.2 %21.9 %
ROE-269.7 %36.7 %49.0 %
ROI9.4 %6.1 %22.0 %
Economic value added (EVA)11.43-3.247.56-8.50-3.66
Solvency
Equity ratio16.5 %62.4 %65.5 %
Gearing829.2 %175.3 %104.1 %
Relative net indebtedness %56.9 %
Liquidity
Quick ratio0.40.10.1
Current ratio0.70.10.1
Cash and cash equivalents1.151.180.35
Capital use efficiency
Trade debtors turnover (days)35.8
Net working capital %-11.7 %
Credit risk
Credit ratingAA

Variable visualization

ROA:21.9%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.5%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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