TrackNordic ApS — Credit Rating and Financial Key Figures

TrackNordic ApS (CVR number: 40069313) is a company from KALUNDBORG. The company recorded a gross profit of 1273.2 kDKK in 2023. The operating profit was 1110 kDKK, while net earnings were 874.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 55.4 %, which can be considered excellent and Return on Equity (ROE) was 56.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TrackNordic ApS's liquidity measured by quick ratio was 3.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.