Faster & Simple ApS

APSBankruptAdvertising protection

CVR 42198439A.P. Møllers Allé 11, 2791 DragørComputer programming activities· NACE 6210Est. 2021 · 5 years old7 employees

Overview

Faster & Simple ApS is a Danish APS based in Dragør, operating in the Computer programming activities sector. Incorporated in 2021, the company has 7 employees and reported a gross profit of DKK 914.9k in its latest annual filing.

Gross profit 2022

914.9K DKK

+97% vs 2021

EBITDA margin (of gross profit)

23.2 %

−4% vs 2021

Net profit 2022

163.6K DKK

-2% vs 2021

Key ratios

See full ratios →

62.8 %

Average

Around the average of companies in the same industry

20212022

2.6×

Average

Around the average of companies in the same industry

20212022

32.7 %

Very strong

Among the 20% highest rated companies in the industry

20212022

EBITDA — year on year

DKK thousands

Key figures

Annual report 2022

Gross profit	914.9K DKK	+97%
EBITDA	212.3K DKK	-4%
Net profit	163.6K DKK	-2%
Total assets	500.2K DKK	+36%
Equity	314K DKK	+51%
Employees	7	—

Contact

Address

A.P. Møllers Allé 11, 2791 Dragør

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Financial development

In its most recent annual report (2022), Faster & Simple ApS reported a gross profit of DKK 914.9k, an increase of 97% on the year before. The figures on this page draw on 2 annual filings covering 2021 to 2022. The bottom line showed a net profit of DKK 163.6k, and the EBITDA margin stood at 23.2%.

At the end of 2022, equity financed 62.8% of the balance sheet, and current assets covered short-term debt 2.6 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2022	2021
Gross profit	915	466
Staff expenses	-703	-245
EBITDA	212	220
Depreciation & amort.	-7	-4
EBIT	206	217
Net financials	-2	-2
Profit before tax	204	214
Tax	40	47
Net profit	164	168

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Balance sheet

DKK thousands

Item	2022	2021
Total assets	500	368
Equity	314	208
Long-term debt	0	0
Short-term debt	186	154
Total debt	186	154

Financial ratios

5-year trend

EBITDA margin (of gross profit)

23.2 %

20212022

Equity ratio

62.8 %

Average

Around the average of companies in the same industry

20212022

Return on equity

52.1 %

Strong

Among the 30% highest rated companies in the industry

20212022

Net profit margin (of gross profit)

17.9 %

20212022

Asset turnover (of gross profit)

1.83×

20212022

Debt / equity

0.59×

Average

Around the average of companies in the same industry

20212022

Sector performance

23 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Return on equity (ROE)Strong

Among the 30% highest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Very strong

Among the 20% highest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Strong

Among the 30% highest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Very strong

Among the 20% highest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioStrong

Among the 40% highest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Liquidity

Current ratioAverage

Around the average of companies in the same industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioStrong

Among the 40% highest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioAverage

Around the average of companies in the same industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityWeak

Among the 40% lowest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalAverage

Around the average of companies in the same industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioStrong

Among the 30% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioAverage

Around the average of companies in the same industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioAverage

Around the average of companies in the same industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityAverage

Around the average of companies in the same industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityAverage

Around the average of companies in the same industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtStrong

Among the 30% highest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery strong

Among the 20% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageVery strong

Among the 20% highest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtAverage

Around the average of companies in the same industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginVery strong

Among the 20% highest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Equity to contributed capitalStrong

Among the 40% highest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityVery strong

Among the 20% highest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtWeak

Among the 40% lowest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Asset turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2022
Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
View PDF
Annual report 2021
Filed via CVR / Virk · Period 2021-03-09 – 2021-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (2)


LS Lars Skanvig Bramhelft Liquidator	Liquidator	2024 – 2024
FJ Firas Jamal Sabbah Management	Management	2021 – 2024

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Firas Jamal Sabbah	Individual	100%	100%	2021

Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Faster & Simple ApS also hold positions in 31 other companies.

Person	Role here	Other companies
Lars Skanvig Bramhelft	Liquidator	31 companiesMany roles

Frequently asked questions

What is the CVR number of Faster & Simple ApS?

Faster & Simple ApS is registered with CVR / Virk under CVR 42198439.

What is the gross profit of Faster & Simple ApS?

Faster & Simple ApS reported a gross profit of DKK 914.9k in 2022.

How many employees does Faster & Simple ApS have?

Faster & Simple ApS employs 7 people as of the latest annual report.

Where is Faster & Simple ApS headquartered?

Faster & Simple ApS's registered address is A.P. Møllers Allé 11, 1..