True. ApS — Credit Rating and Financial Key Figures

CVR number: 38460161
Formervangen 13, 2600 Glostrup
www.truegum.com

Company information

Official name
True. ApS
Personnel
29 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 23.8 mDKK in 2023. The operating profit was 8759 kDKK, while net earnings were 6152.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.3 %, which can be considered excellent and Return on Equity (ROE) was 40.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. True. ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 887.8911 158.8014 880.9519 674.1323 813.60
EBIT498.882 947.58- 333.984 929.578 758.97
Net earnings340.802 069.60- 513.593 912.376 152.64
Shareholders equity total1 055.934 561.538 447.9412 360.3018 312.95
Balance sheet total (assets)7 051.4212 092.3327 221.5437 105.7340 343.16
Net debt1 286.621 517.187 966.3115 034.749 601.72
Profitability
EBIT-%
ROA11.0 %30.8 %-1.7 %17.2 %23.3 %
ROE38.5 %73.7 %-7.9 %37.6 %40.1 %
ROI21.2 %50.7 %-2.4 %21.8 %27.8 %
Economic value added (EVA)503.642 230.84- 464.633 613.456 335.89
Solvency
Equity ratio15.0 %37.7 %31.0 %33.3 %45.4 %
Gearing122.0 %33.3 %103.2 %126.2 %75.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.80.60.71.0
Current ratio1.01.61.31.41.7
Cash and cash equivalents2.001.21750.09558.314 200.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAAA

Variable visualization

ROA:23.3%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.4%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer
Chief executive officer

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