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FAST PLAST ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FAST PLAST ApS
FAST PLAST ApS (CVR number: 89528828) is a company from THISTED. The company recorded a gross profit of 658.6 kDKK in 2025. The operating profit was -60.2 kDKK, while net earnings were -317 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.3 %, 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. FAST PLAST ApS's liquidity measured by quick ratio was 4.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 18 627.85 | 4 000.12 | 740.24 | 806.68 | 658.62 |
| EBIT | 4 581.39 | 1 701.48 | - 236.06 | - 177.49 | -60.19 |
| Net earnings | 3 418.18 | 1 202.73 | - 246.65 | - 325.83 | - 316.98 |
| Shareholders equity total | 16 667.58 | 14 075.59 | 5 173.78 | 7 252.74 | 5 537.28 |
| Balance sheet total (assets) | 32 290.69 | 29 017.66 | 16 186.99 | 14 769.37 | 12 222.87 |
| Net debt | 5 583.32 | 8 567.48 | 7 773.25 | 4 488.97 | 4 242.78 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 13.8 % | 5.6 % | -0.7 % | -0.7 % | -0.3 % |
| ROE | 21.4 % | 7.8 % | -2.6 % | -5.2 % | -5.0 % |
| ROI | 14.8 % | 5.8 % | -0.7 % | -0.7 % | -0.3 % |
| Economic value added (EVA) | 2 033.90 | - 245.14 | -1 593.43 | - 927.00 | - 779.36 |
| Solvency | |||||
| Equity ratio | 51.6 % | 48.5 % | 32.0 % | 49.1 % | 45.3 % |
| Gearing | 62.5 % | 74.4 % | 192.5 % | 94.4 % | 111.7 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.4 | 0.9 | 1.1 | 5.1 | 4.1 |
| Current ratio | 2.9 | 0.9 | 1.1 | 5.1 | 4.1 |
| Cash and cash equivalents | 4 831.33 | 1 909.67 | 2 188.47 | 2 358.88 | 1 940.65 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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