True Born Global Investments II ApS — Credit Rating and Financial Key Figures

CVR number: 42821497
Kristen Bernikows Gade 6, 1105 København K

Credit rating

Company information

Official name
True Born Global Investments II ApS
Established
2021
Company form
Private limited company
Industry

About True Born Global Investments II ApS

True Born Global Investments II ApS (CVR number: 42821497) is a company from KØBENHAVN. The company recorded a gross profit of -33.2 kDKK in 2023. The operating profit was -33.2 kDKK, while net earnings were 22.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 25.4 %, which can be considered excellent and Return on Equity (ROE) was 47.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -37.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. True Born Global Investments II ApS's liquidity measured by quick ratio was 6.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
Volume
Net sales
Gross profit-26.54-33.20
EBIT-26.54-33.20
Net earnings-5 953.4522 804.14
Shareholders equity total-59 247.80-36 443.66
Balance sheet total (assets)35 712.9460 040.99
Net debt-13 032.00-31 748.39
Profitability
EBIT-%
ROA-2.1 %25.4 %
ROE-16.7 %47.6 %
ROI-182.3 %916.6 %
Economic value added (EVA)-26.544 740.20
Solvency
Equity ratio-62.4 %-37.8 %
Gearing-1.9 %-11.5 %
Relative net indebtedness %
Liquidity
Quick ratio12.76.8
Current ratio12.76.8
Cash and cash equivalents14 131.7035 952.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:25.4%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-37.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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