FastTrack Software Northern Europe ApS — Credit Rating and Financial Key Figures

CVR number: 41763191
Katbyvej 5, 9600 Aars

Credit rating

Company information

Official name
FastTrack Software Northern Europe ApS
Personnel
4 persons
Established
2020
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About FastTrack Software Northern Europe ApS

FastTrack Software Northern Europe ApS (CVR number: 41763191) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 7748.9 kDKK in 2023. The operating profit was 3820.7 kDKK, while net earnings were 3147.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 82.5 %, which can be considered excellent and Return on Equity (ROE) was 119.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FastTrack Software Northern Europe ApS's liquidity measured by quick ratio was 1.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
202120222023
Volume
Net sales
Gross profit2 309.014 558.437 748.86
EBIT999.482 429.743 820.67
Net earnings773.901 728.263 147.78
Shareholders equity total873.911 902.163 349.94
Balance sheet total (assets)1 633.553 448.136 453.76
Net debt- 906.29-1 461.74-1 993.21
Profitability
EBIT-%
ROA61.2 %95.7 %82.5 %
ROE88.6 %124.5 %119.9 %
ROI84.6 %145.1 %148.0 %
Economic value added (EVA)777.251 885.262 940.72
Solvency
Equity ratio53.5 %55.2 %51.9 %
Gearing34.9 %14.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.81.8
Current ratio1.61.81.8
Cash and cash equivalents1 210.981 727.631 993.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAA

Variable visualization

ROA:82.5%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.9%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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