Fasttrack Development ApS — Credit Rating and Financial Key Figures

Fasttrack Development ApS (CVR number: 42835668) is a company from AALBORG. The company recorded a gross profit of -45 kDKK in 2024. The operating profit was -45 kDKK, while net earnings were 59.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 32.7 %, which can be considered excellent and Return on Equity (ROE) was 95.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Fasttrack Development ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.