TRUE & SAND HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 10328330
Korskildelund 6, 2670 Greve
jacobtrue@ffb.dk
tel: 35833522

Credit rating

Company information

Official name
TRUE & SAND HOLDING ApS
Established
1986
Company form
Private limited company
Industry

About TRUE & SAND HOLDING ApS

TRUE & SAND HOLDING ApS (CVR number: 10328330) is a company from GREVE. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was 0 kDKK, while net earnings were -5.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak but Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TRUE & SAND HOLDING ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit
EBIT
Net earnings1 045.883 644.98163.7798.44-5.57
Shareholders equity total7 031.796 966.777 020.547 008.986 893.41
Balance sheet total (assets)7 630.146 966.777 020.547 011.886 893.41
Net debt- 484.33-3 800.73-3 692.15-3 595.38-3 340.02
Profitability
EBIT-%
ROA14.2 %51.3 %2.7 %1.5 %1.5 %
ROE15.2 %52.1 %2.3 %1.4 %-0.1 %
ROI15.0 %51.5 %2.7 %1.5 %1.5 %
Economic value added (EVA)- 351.79- 381.30- 350.08- 352.78- 352.20
Solvency
Equity ratio92.2 %100.0 %100.0 %100.0 %100.0 %
Gearing7.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.71 241.9
Current ratio1.71 241.9
Cash and cash equivalents1 040.683 800.733 692.153 595.383 340.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:1.51%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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