Track One Digital ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Track One Digital ApS
Track One Digital ApS (CVR number: 36959088) is a company from KØBENHAVN. The company recorded a gross profit of 524.4 kDKK in 2024. The operating profit was 107.3 kDKK, while net earnings were -0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered weak but Return on Equity (ROE) was -0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.5 %, 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. Track One Digital ApS's liquidity measured by quick ratio was 1.1 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 2 692.91 | 1 032.66 | 962.43 | 828.78 | 524.42 | 
| EBIT | 813.87 | - 107.23 | 146.16 | 112.29 | 107.28 | 
| Net earnings | 440.90 | - 255.91 | -3.08 | -69.20 | -0.02 | 
| Shareholders equity total | 4 036.82 | 1 086.92 | 1 083.84 | 1 014.64 | 1 014.62 | 
| Balance sheet total (assets) | 8 479.54 | 4 565.03 | 3 679.68 | 3 060.51 | 2 854.65 | 
| Net debt | -3 560.35 | - 210.09 | - 441.33 | -22.36 | 30.80 | 
| Profitability | |||||
| EBIT-% | |||||
| ROA | 11.4 % | -1.6 % | 3.5 % | 3.4 % | 4.0 % | 
| ROE | 10.8 % | -10.0 % | -0.3 % | -6.6 % | -0.0 % | 
| ROI | 15.7 % | -2.2 % | 4.0 % | 3.5 % | 4.1 % | 
| Economic value added (EVA) | 527.14 | - 109.92 | 157.27 | 107.66 | 126.57 | 
| Solvency | |||||
| Equity ratio | 47.6 % | 23.8 % | 29.5 % | 33.2 % | 35.5 % | 
| Gearing | 101.0 % | 88.1 % | 135.6 % | 152.4 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.0 | 0.8 | 1.4 | 1.1 | 1.1 | 
| Current ratio | 2.0 | 0.8 | 1.4 | 1.1 | 1.1 | 
| Cash and cash equivalents | 3 560.35 | 1 308.10 | 1 396.41 | 1 398.52 | 1 515.50 | 
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BB | BBB | BBB | BBB | 
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