True Food ApS — Credit Rating and Financial Key Figures

CVR number: 41676302
Langhøjvej 1 A, True 8381 Tilst
michael@guldin.dk
www.truefoodies.dk

Credit rating

Company information

Official name
True Food ApS
Personnel
6 persons
Established
2020
Domicile
True
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About True Food ApS

True Food ApS (CVR number: 41676302) is a company from AARHUS. The company recorded a gross profit of 10.2 mDKK in 2024. The operating profit was 4743.6 kDKK, while net earnings were 3173.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.2 %, which can be considered excellent and Return on Equity (ROE) was 62 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.7 %, 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. True Food 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
2021
2022
2023
2024
Volume
Net sales
Gross profit2 400.628 712.8110 276.1210 165.64
EBIT120.863 943.544 533.004 743.58
Net earnings65.853 050.393 458.513 173.32
Shareholders equity total105.853 156.244 764.365 479.17
Balance sheet total (assets)3 272.1826 185.9724 913.6119 751.86
Net debt- 619.20-7 514.81-6 256.92-2 429.87
Profitability
EBIT-%
ROA3.7 %26.8 %17.7 %21.2 %
ROE62.2 %187.0 %87.3 %62.0 %
ROI107.4 %239.0 %113.4 %91.8 %
Economic value added (EVA)92.263 096.573 748.093 748.16
Solvency
Equity ratio3.2 %12.1 %19.1 %27.7 %
Gearing6.3 %1.1 %0.6 %0.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.11.21.4
Current ratio1.01.11.21.4
Cash and cash equivalents625.887 550.516 287.012 460.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:21.2%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.7%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

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