FastTrack Technologies ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FastTrack Technologies ApS
FastTrack Technologies ApS (CVR number: 43148494) is a company from AALBORG. The company recorded a gross profit of -5.6 kDKK in 2024. The operating profit was -5.6 kDKK, while net earnings were -3.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.8 %, which can be considered poor and Return on Equity (ROE) was -14.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.4 %, 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 Technologies ApS's liquidity measured by quick ratio was 2.3 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 financials2022 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | -10.67 | -5.00 | -5.63 |
EBIT | -10.67 | -5.00 | -5.63 |
Net earnings | -10.67 | -5.00 | -3.29 |
Shareholders equity total | 29.33 | 24.33 | 21.04 |
Balance sheet total (assets) | 34.33 | 34.33 | 36.67 |
Net debt | 5.00 | 10.63 | |
Profitability | |||
EBIT-% | |||
ROA | -31.1 % | -14.6 % | -15.8 % |
ROE | -36.4 % | -18.6 % | -14.5 % |
ROI | -36.4 % | -17.0 % | -18.4 % |
Economic value added (EVA) | -10.67 | -6.47 | -4.76 |
Solvency | |||
Equity ratio | 85.4 % | 70.9 % | 57.4 % |
Gearing | 20.6 % | 50.5 % | |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 6.9 | 3.4 | 2.3 |
Current ratio | 6.9 | 3.4 | 2.3 |
Cash and cash equivalents | |||
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | BB | BB |
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