TrackNordic ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TrackNordic ApS
TrackNordic ApS (CVR number: 40069313) is a company from KALUNDBORG. The company recorded a gross profit of 1008.8 kDKK in 2024. The operating profit was -68.3 kDKK, while net earnings were -58.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.1 %, which can be considered poor and Return on Equity (ROE) was -3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.8 %, 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 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 309.69 | 339.56 | 312.70 | 1 273.19 | 1 008.76 |
EBIT | 309.69 | 334.56 | 149.71 | 1 109.97 | -68.25 |
Net earnings | 248.58 | 273.41 | 114.36 | 874.75 | -58.22 |
Shareholders equity total | 713.09 | 986.49 | 1 100.86 | 1 975.60 | 1 917.38 |
Balance sheet total (assets) | 955.92 | 1 408.68 | 1 427.60 | 2 618.89 | 2 495.45 |
Net debt | - 120.57 | - 224.52 | - 507.11 | -1 426.11 | -1 029.62 |
Profitability | |||||
EBIT-% | |||||
ROA | 38.5 % | 28.3 % | 10.6 % | 55.4 % | -2.1 % |
ROE | 42.2 % | 32.2 % | 11.0 % | 56.9 % | -3.0 % |
ROI | 45.1 % | 32.7 % | 12.2 % | 67.3 % | -2.5 % |
Economic value added (EVA) | 223.97 | 233.54 | 55.52 | 804.28 | - 164.70 |
Solvency | |||||
Equity ratio | 74.6 % | 70.0 % | 77.1 % | 75.4 % | 76.8 % |
Gearing | 1.3 % | 6.7 % | 0.7 % | 11.6 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.1 | 2.8 | 3.1 | 3.0 |
Current ratio | 3.4 | 2.5 | 4.1 | 3.5 | 3.3 |
Cash and cash equivalents | 129.73 | 290.95 | 515.11 | 1 426.11 | 1 251.26 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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