Fasttrack Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Fasttrack Holding ApS
Fasttrack Holding ApS (CVR number: 38774867) is a company from AALBORG. The company recorded a gross profit of -98.4 kDKK in 2024. The operating profit was -98.4 kDKK, while net earnings were 30.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 43.5 %, which can be considered excellent and Return on Equity (ROE) was 61.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.7 %, 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. Fasttrack Holding ApS's liquidity measured by quick ratio was 1.5 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 | -11.85 | -63.60 | - 128.66 | -40.44 | -98.35 |
EBIT | -11.85 | -63.60 | - 128.66 | -40.44 | -98.35 |
Net earnings | 6 013.26 | 7 171.10 | 17 886.02 | 15 814.75 | 30 192.16 |
Shareholders equity total | 11 476.35 | 11 647.46 | 27 033.47 | 38 663.22 | 58 855.38 |
Balance sheet total (assets) | 31 055.97 | 44 222.43 | 78 235.68 | 66 536.70 | 82 118.27 |
Net debt | 18 770.05 | 31 065.34 | 51 164.71 | 27 367.22 | 22 891.64 |
Profitability | |||||
EBIT-% | |||||
ROA | 31.9 % | 23.1 % | 55.8 % | 26.0 % | 43.5 % |
ROE | 63.2 % | 62.0 % | 92.5 % | 48.1 % | 61.9 % |
ROI | 32.6 % | 23.8 % | 56.5 % | 26.0 % | 43.6 % |
Economic value added (EVA) | - 703.12 | -1 569.36 | -2 244.41 | -3 952.98 | -3 406.83 |
Solvency | |||||
Equity ratio | 37.0 % | 26.3 % | 34.6 % | 58.1 % | 71.7 % |
Gearing | 163.6 % | 266.8 % | 189.3 % | 72.0 % | 38.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.0 | 0.9 | 1.8 | 1.5 |
Current ratio | 0.0 | 0.0 | 0.9 | 1.8 | 1.5 |
Cash and cash equivalents | 0.97 | 12.87 | 468.71 | 15.97 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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