TrueCommerce Denmark ApS

CVR number: 33776349
Banevænget 13, 3460 Birkerød
regnskab@truecommerce.com
tel: 45821600
https://www.truecommerce.com/dk-da/

Credit rating

Company information

Official name
TrueCommerce Denmark ApS
Personnel
66 persons
Established
2011
Company form
Private limited company
Industry
  • Expand more icon62Computer programming, consultancy and related activities

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales98.92104.85110.16116.25126.79
Gross profit75.4980.3778.1885.7499.36
EBIT22.7427.6123.5821.9839.12
Net earnings20.2838.1917.5816.5734.93
Shareholders equity total81.19119.39136.973.5438.46
Balance sheet total (assets)153.34208.17304.42109.74117.13
Net debt30.2639.52119.0559.8126.61
Profitability
EBIT-%23.0 %26.3 %21.4 %18.9 %30.9 %
ROA16.4 %24.7 %9.8 %10.6 %36.2 %
ROE28.5 %38.1 %13.7 %23.6 %166.3 %
ROI21.4 %31.0 %11.5 %12.9 %55.7 %
Economic value added (EVA)18.2917.8113.8711.4226.88
Solvency
Equity ratio58.2 %61.9 %47.4 %3.8 %38.7 %
Gearing47.3 %41.7 %95.6 %1990.8 %90.0 %
Relative net indebtedness %64.7 %74.4 %140.9 %81.9 %51.8 %
Liquidity
Quick ratio2.62.61.91.01.8
Current ratio2.12.11.70.91.3
Cash and cash equivalents8.1810.3011.8610.628.01
Capital use efficiency
Trade debtors turnover (days)86.377.190.092.9103.8
Net working capital %77.8 %95.5 %105.4 %-13.3 %20.1 %
Credit risk
Credit ratingAAAAAAABBBA

Variable visualization

ROA:36.2%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.7%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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