Trust Move Udlejning ApS

CVR number: 33510802
Lunikvej 20 B, 2670 Greve
rk@trustmove.dk
tel: 60400400

Credit rating

Company information

Official name
Trust Move Udlejning ApS
Personnel
2 persons
Established
2011
Company form
Private limited company
Industry
  • Expand more icon77Rental and leasing activities

About Trust Move Udlejning ApS

Trust Move Udlejning ApS (CVR number: 33510802) is a company from GREVE. The company recorded a gross profit of 7598.4 kDKK in 2023. The operating profit was 5314.8 kDKK, while net earnings were 4040.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27 %, which can be considered excellent and Return on Equity (ROE) was 57.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.3 %, 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. Trust Move Udlejning ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit2 063.008 919.008 948.005 325.007 598.39
EBIT-1 626.005 013.003 865.003 266.005 314.76
Net earnings-1 340.003 921.002 516.002 369.004 040.80
Shareholders equity total1 182.005 102.002 618.004 987.009 027.87
Balance sheet total (assets)8 969.0015 754.0017 678.0016 391.0022 961.47
Net debt1 791.00-3 554.00-1 447.007 073.007 302.28
Profitability
EBIT-%
ROA-13.9 %40.6 %23.1 %19.2 %27.0 %
ROE-24.7 %124.8 %65.2 %62.3 %57.7 %
ROI-24.6 %92.6 %69.8 %36.1 %31.0 %
Economic value added (EVA)-1 587.573 899.962 624.222 432.993 938.42
Solvency
Equity ratio13.2 %32.4 %14.8 %30.4 %39.3 %
Gearing200.3 %42.7 %39.4 %184.5 %119.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.50.90.70.7
Current ratio1.11.50.90.70.7
Cash and cash equivalents576.005 734.002 479.002 126.003 521.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBAA

Variable visualization

ROA:27.0%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.3%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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