TrueCommerce Denmark ApS — Credit Rating and Financial Key Figures
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 131.1 mDKK in 2024, demonstrating a growth of 3.4 % compared to the previous year. The operating profit percentage was at 20.9 % (EBIT: 27.5 mDKK), while net earnings were 20.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 19.3 %, which can be considered excellent and Return on Equity (ROE) was 41.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.5 %, 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 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 126 786.05 | 131 137.46 | |||
| Gross profit | 99 359.68 | 87 719.83 | |||
| EBIT | 39 121.49 | 27 454.85 | |||
| Net earnings | 34 926.64 | 20 177.41 | |||
| Shareholders equity total | 38 464.05 | 58 641.46 | |||
| Balance sheet total (assets) | 117 126.77 | 175 132.67 | |||
| Net debt | 44 261.42 | 51 094.38 | |||
| Profitability | |||||
| EBIT-% | 30.9 % | 20.9 % | |||
| ROA | 35.1 % | 19.3 % | |||
| ROE | 90.8 % | 41.6 % | |||
| ROI | 45.0 % | 23.2 % | |||
| Economic value added (EVA) | -6 011.18 | 33 274.68 | 17 095.77 | ||
| Solvency | |||||
| Equity ratio | 32.8 % | 33.5 % | |||
| Gearing | 135.9 % | 158.1 % | |||
| Relative net indebtedness % | 51.8 % | 54.2 % | |||
| Liquidity | |||||
| Quick ratio | 1.3 | 1.4 | |||
| Current ratio | 1.3 | 1.4 | |||
| Cash and cash equivalents | 8 014.54 | 41 610.36 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 103.8 | 92.0 | |||
| Net working capital % | 20.1 % | 30.8 % | |||
| Credit risk | |||||
| Credit rating | B | B | B | A | AAA |
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