THINK FAST ApS — Credit Rating and Financial Key Figures

CVR number: 35529497
Ringstedgårdsvej 5, Sønder Nærå 5792 Årslev
info@kaspererling.dk
tel: 60188087

Credit rating

Company information

Official name
THINK FAST ApS
Personnel
3 persons
Established
2013
Domicile
Sønder Nærå
Company form
Private limited company
Industry
  • Expand more icon58Publishing activities

About THINK FAST ApS

THINK FAST ApS (CVR number: 35529497) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 1460 kDKK in 2023. The operating profit was 305.6 kDKK, while net earnings were 219 kDKK. The profitability of the company measured by Return on Assets (ROA) was 37.1 %, which can be considered excellent and Return on Equity (ROE) was 152 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. THINK FAST ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit364.38424.38930.69818.201 460.04
EBIT169.2650.05614.67124.81305.62
Net earnings97.050.40442.4096.74218.96
Shareholders equity total- 388.75- 388.3454.06150.80137.27
Balance sheet total (assets)523.67387.001 490.08715.44931.34
Net debt437.19558.36357.68- 530.49- 132.56
Profitability
EBIT-%
ROA18.1 %5.9 %54.3 %11.3 %37.1 %
ROE19.4 %0.1 %200.6 %94.4 %152.0 %
ROI35.1 %9.7 %124.0 %43.5 %182.3 %
Economic value added (EVA)156.4171.95486.45103.81240.11
Solvency
Equity ratio-50.3 %-62.8 %4.2 %28.3 %18.3 %
Gearing-119.5 %-146.4 %681.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.21.11.70.5
Current ratio0.30.21.01.20.9
Cash and cash equivalents27.2510.2410.83530.49132.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:37.1%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.3%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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