FAST PLAST ApS — Credit Rating and Financial Key Figures

CVR number: 89528828
Karetmagervej 10, Tilsted 7700 Thisted
SteenTandrup2@gmail.com
tel: 97910880

Credit rating

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 813.6 kDKK in 2024. The operating profit was -170.6 kDKK, while net earnings were -385 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 -7.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.3 %, 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 PLAST ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit13 340.4518 627.854 000.12740.24813.55
EBIT1 959.814 581.391 701.48- 236.06- 170.62
Net earnings1 332.863 418.181 202.73- 246.65- 384.96
Shareholders equity total15 249.4016 667.5814 075.595 173.784 788.83
Balance sheet total (assets)34 306.1032 290.6929 017.6616 186.9914 386.93
Net debt12 005.385 583.328 567.487 773.256 610.47
Profitability
EBIT-%
ROA5.8 %13.8 %5.6 %-0.7 %-0.7 %
ROE11.1 %21.4 %7.8 %-2.6 %-7.7 %
ROI6.7 %14.8 %5.8 %-0.7 %-0.7 %
Economic value added (EVA)128.492 033.90- 245.14-1 593.43- 919.65
Solvency
Equity ratio44.5 %51.6 %48.5 %32.0 %33.3 %
Gearing78.9 %62.5 %74.4 %192.5 %186.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.62.40.91.11.4
Current ratio1.52.90.91.11.4
Cash and cash equivalents20.404 831.331 909.672 188.472 325.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:-0.71%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.3%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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