TrueCommerce Denmark ApS
Credit rating
Company information
About TrueCommerce Denmark ApS
TrueCommerce Denmark ApS (CVR number: 33776349) is a company from RUDERSDAL. The company reported a net sales of 126.8 mDKK in 2023, demonstrating a growth of 9.1 % compared to the previous year. The operating profit percentage was at 30.9 % (EBIT: 39.1 mDKK), while net earnings were 34.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 36.2 %, which can be considered excellent and Return on Equity (ROE) was 166.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.7 %, 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. TrueCommerce Denmark ApS's liquidity measured by quick ratio was 1.8 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 98.92 | 104.85 | 110.16 | 116.25 | 126.79 |
Gross profit | 75.49 | 80.37 | 78.18 | 85.74 | 99.36 |
EBIT | 22.74 | 27.61 | 23.58 | 21.98 | 39.12 |
Net earnings | 20.28 | 38.19 | 17.58 | 16.57 | 34.93 |
Shareholders equity total | 81.19 | 119.39 | 136.97 | 3.54 | 38.46 |
Balance sheet total (assets) | 153.34 | 208.17 | 304.42 | 109.74 | 117.13 |
Net debt | 30.26 | 39.52 | 119.05 | 59.81 | 26.61 |
Profitability | |||||
EBIT-% | 23.0 % | 26.3 % | 21.4 % | 18.9 % | 30.9 % |
ROA | 16.4 % | 24.7 % | 9.8 % | 10.6 % | 36.2 % |
ROE | 28.5 % | 38.1 % | 13.7 % | 23.6 % | 166.3 % |
ROI | 21.4 % | 31.0 % | 11.5 % | 12.9 % | 55.7 % |
Economic value added (EVA) | 18.29 | 17.81 | 13.87 | 11.42 | 26.88 |
Solvency | |||||
Equity ratio | 58.2 % | 61.9 % | 47.4 % | 3.8 % | 38.7 % |
Gearing | 47.3 % | 41.7 % | 95.6 % | 1990.8 % | 90.0 % |
Relative net indebtedness % | 64.7 % | 74.4 % | 140.9 % | 81.9 % | 51.8 % |
Liquidity | |||||
Quick ratio | 2.6 | 2.6 | 1.9 | 1.0 | 1.8 |
Current ratio | 2.1 | 2.1 | 1.7 | 0.9 | 1.3 |
Cash and cash equivalents | 8.18 | 10.30 | 11.86 | 10.62 | 8.01 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 86.3 | 77.1 | 90.0 | 92.9 | 103.8 |
Net working capital % | 77.8 % | 95.5 % | 105.4 % | -13.3 % | 20.1 % |
Credit risk | |||||
Credit rating | AA | AAA | AA | BBB | A |
Variable visualization
Companies in the same industry
Create your own estimates for any company
Valuation analysis
See instructions
... and more!
No registration needed.