Exhibit 12.1
The Hillman Companies, Inc.
Computation of Ratio of Income to Fixed Charges
Year Ended December 31, 2005

(Dollars in thousands)
         
Income from Operations
  $ 41,659  
Depreciation
    15,605  
Amortization
    7,228  
Stock compensation expense
    1,601  
Non-recurring expense (1)
    500  
Proforma adjustments
     
 
     
Earnings Before Interest, Taxes, Depreciation, and Amortization (“Adjusted EBITDA”)
  $ 66,593  
Capital Expenditures
    15,158  
Interest on junior subordinated notes
    12,231  
Cash Interest
    18,130  
Scheduled Debt Payments
    2,175  
Cash Taxes
    484  
 
     
Fixed Charges
  $ 48,178  
 
       
 
     
Ratio of Adjusted EBITDA to Fixed Charges
    1.38  
 
     
(1) — Non-recurring expense includes $500 of accounting fees incurred in connection with the restatement of the Company’s 2004
Form 10-K/A.