True. ApS — Credit Rating and Financial Key Figures

CVR number: 38460161
Formervangen 13, 2600 Glostrup
www.truegum.com
Free credit report Annual report

Company information

Official name
True. ApS
Personnel
39 persons
Established
2017
Company form
Private limited company
Industry

About True. ApS

True. ApS (CVR number: 38460161) is a company from ALBERTSLUND. The company recorded a gross profit of 18.8 mDKK in 2024. The operating profit was 1604.6 kDKK, while net earnings were 131.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent but Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 25.3 %, 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. True. ApS's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit11 158.8014 880.9519 674.1323 513.2318 754.96
EBIT2 947.58- 333.984 929.578 758.971 604.60
Net earnings2 069.60- 513.593 912.376 152.64131.68
Shareholders equity total4 561.538 447.9412 360.3018 312.9518 444.63
Balance sheet total (assets)12 092.3327 221.5437 105.7340 343.1672 905.21
Net debt1 517.187 966.3115 034.749 601.7240 589.46
Profitability
EBIT-%
ROA30.8 %-1.7 %17.2 %23.3 %4.5 %
ROE73.7 %-7.9 %37.6 %40.1 %0.7 %
ROI50.7 %-2.4 %21.8 %27.8 %5.1 %
Economic value added (EVA)2 100.68- 636.462 941.595 292.4219.20
Solvency
Equity ratio37.7 %31.0 %33.3 %45.4 %25.3 %
Gearing33.3 %103.2 %126.2 %75.4 %233.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.60.71.00.5
Current ratio1.61.31.41.71.2
Cash and cash equivalents1.21750.09558.314 200.992 487.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:4.48%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.3%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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