Fasttrack Holding ApS — Credit Rating and Financial Key Figures

CVR number: 38774867
Majvænget 21, 9270 Klarup
lsp@fasttracksoftware.com
tel: 23287499

Company information

Official name
Fasttrack Holding ApS
Established
2017
Company form
Private limited company
Industry

About Fasttrack Holding ApS

Fasttrack Holding ApS (CVR number: 38774867) is a company from AALBORG. The company recorded a gross profit of -40.4 kDKK in 2023. The operating profit was -40.4 kDKK, while net earnings were 15.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 26 %, which can be considered excellent and Return on Equity (ROE) was 48.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.1 %, 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 Holding 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-8.79-11.85-63.60- 128.66-40.44
EBIT-8.79-11.85-63.60- 128.66-40.44
Net earnings1 847.516 013.267 171.1017 886.0215 814.75
Shareholders equity total7 563.1011 476.3511 647.4627 033.4738 663.22
Balance sheet total (assets)13 962.5931 055.9744 222.4378 235.6866 536.70
Net debt6 244.6318 770.0531 065.3451 164.7127 367.22
Profitability
EBIT-%
ROA17.3 %31.9 %23.1 %55.8 %26.0 %
ROE26.8 %63.2 %62.0 %92.5 %48.1 %
ROI17.5 %32.6 %23.8 %56.5 %26.0 %
Economic value added (EVA)- 263.35- 379.11- 491.72- 523.26-1 360.16
Solvency
Equity ratio54.2 %37.0 %26.3 %34.6 %58.1 %
Gearing82.6 %163.6 %266.8 %189.3 %72.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.91.8
Current ratio0.00.00.00.91.8
Cash and cash equivalents0.910.9712.87468.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:26.0%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.1%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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