FAST PLAST ApS — Credit Rating and Financial Key Figures

CVR number: 89528828
Karetmagervej 10, Tilsted 7700 Thisted
SteenTandrup2@gmail.com
tel: 97922100

Company information

Official name
FAST PLAST ApS
Personnel
1 person
Established
1979
Domicile
Tilsted
Company form
Private limited company
Industry

About FAST PLAST ApS

FAST PLAST ApS (CVR number: 89528828) is a company from THISTED. The company recorded a gross profit of 740.2 kDKK in 2023. The operating profit was -276.1 kDKK, while net earnings were -279 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.7 %, which can be considered poor and Return on Equity (ROE) was -2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 50.6 %, 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 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit15 464.7913 340.4518 627.854 000.12740.24
EBIT1 834.721 959.814 581.391 701.48- 276.06
Net earnings916.531 332.863 418.181 202.73- 279.02
Shareholders equity total8 818.5415 249.4016 667.5814 075.5913 796.56
Balance sheet total (assets)33 942.5734 306.1032 290.6929 017.6627 241.83
Net debt17 683.9612 005.385 583.328 567.487 773.25
Profitability
EBIT-%
ROA5.5 %5.8 %13.8 %5.6 %-0.7 %
ROE9.8 %11.1 %21.4 %7.8 %-2.0 %
ROI6.7 %6.7 %14.8 %5.8 %-0.7 %
Economic value added (EVA)368.48543.262 300.32318.14-1 208.07
Solvency
Equity ratio26.0 %44.5 %51.6 %48.5 %50.6 %
Gearing200.8 %78.9 %62.5 %74.4 %72.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.62.40.91.1
Current ratio1.21.52.90.91.1
Cash and cash equivalents23.6920.404 831.331 909.672 188.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:-0.72%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.6%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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