Fast Set Coating A/S — Credit Rating and Financial Key Figures

Fast Set Coating A/S (CVR number: 36029277) is a company from HJØRRING. The company recorded a gross profit of 1812.8 kDKK in 2023. The operating profit was -880.4 kDKK, while net earnings were -702 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19 %, which can be considered poor and Return on Equity (ROE) was -31.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Fast Set Coating A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.