TRACK ONE ApS — Credit Rating and Financial Key Figures

CVR number: 30201868
Cikorievej 20, 5220 Odense SØ
Lars@trackone.dk
tel: 66180420

Credit rating

Company information

Official name
TRACK ONE ApS
Personnel
5 persons
Established
2007
Company form
Private limited company
Industry
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About TRACK ONE ApS

TRACK ONE ApS (CVR number: 30201868) is a company from ODENSE. The company recorded a gross profit of 2552.5 kDKK in 2021. The operating profit was 451.6 kDKK, while net earnings were 328.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.5 %, which can be considered excellent and Return on Equity (ROE) was 41.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.1 %, 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 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit2 754.011 467.461 556.962 386.332 552.46
EBIT286.29- 102.57388.09904.49451.56
Net earnings224.92-76.88300.97692.12328.10
Shareholders equity total1 075.64548.75426.971 119.09454.19
Balance sheet total (assets)1 848.59898.151 083.962 999.751 886.25
Net debt- 435.21-67.73- 416.32-2 169.28- 643.91
Profitability
EBIT-%
ROA12.5 %-6.8 %39.7 %44.4 %18.5 %
ROE15.4 %-9.5 %61.7 %89.5 %41.7 %
ROI19.9 %-11.3 %79.6 %115.8 %43.8 %
Economic value added (EVA)215.47- 114.83275.27703.52396.43
Solvency
Equity ratio58.2 %61.1 %39.4 %37.3 %24.1 %
Gearing2.3 %0.9 %106.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.12.01.41.51.2
Current ratio2.22.21.41.51.2
Cash and cash equivalents435.2167.73425.952 178.911 129.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:18.5%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.1%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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