TrueCommerce Denmark ApS — Credit Rating and Financial Key Figures

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
64 persons
Established
2011
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales126 786.05131 137.46
Gross profit99 359.6887 719.83
EBIT39 121.4927 454.85
Net earnings34 926.6420 177.41
Shareholders equity total38 464.0558 641.46
Balance sheet total (assets)117 126.77175 132.67
Net debt44 261.4251 094.38
Profitability
EBIT-%30.9 %20.9 %
ROA35.1 %19.3 %
ROE90.8 %41.6 %
ROI45.0 %23.2 %
Economic value added (EVA)-6 011.1833 274.6817 095.77
Solvency
Equity ratio32.8 %33.5 %
Gearing135.9 %158.1 %
Relative net indebtedness %51.8 %54.2 %
Liquidity
Quick ratio1.31.4
Current ratio1.31.4
Cash and cash equivalents8 014.5441 610.36
Capital use efficiency
Trade debtors turnover (days)103.892.0
Net working capital %20.1 %30.8 %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:19.3%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.5%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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