TrustMarket ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TrustMarket ApS
TrustMarket ApS (CVR number: 38205595) is a company from ROSKILDE. The company recorded a gross profit of -404.7 kDKK in 2024. The operating profit was -404.7 kDKK, while net earnings were -313.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -150.5 %, which can be considered poor and Return on Equity (ROE) was -187.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -47.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. TrustMarket ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -39.32 | 10.78 | 14.46 | -26.44 | - 404.66 |
| EBIT | -76.54 | 2.98 | 13.20 | -26.44 | - 404.66 |
| Net earnings | -61.04 | 0.27 | 9.85 | -20.60 | - 313.29 |
| Shareholders equity total | 124.58 | 124.85 | 134.70 | 114.09 | - 199.20 |
| Balance sheet total (assets) | 177.26 | 183.62 | 168.23 | 114.88 | 219.54 |
| Net debt | -11.25 | -59.68 | - 100.45 | -90.25 | 367.56 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -33.0 % | 1.7 % | 7.5 % | -18.7 % | -150.5 % |
| ROE | -39.4 % | 0.2 % | 7.6 % | -16.6 % | -187.8 % |
| ROI | -36.5 % | 1.7 % | 7.8 % | -19.0 % | -156.3 % |
| Economic value added (EVA) | -72.27 | -5.67 | 1.26 | -28.85 | - 321.37 |
| Solvency | |||||
| Equity ratio | 70.3 % | 68.0 % | 80.1 % | 99.3 % | -47.6 % |
| Gearing | 38.3 % | 39.5 % | 21.5 % | -200.8 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.7 | 2.6 | 4.4 | 145.2 | 0.5 |
| Current ratio | 3.2 | 3.1 | 5.0 | 145.2 | 0.5 |
| Cash and cash equivalents | 59.00 | 109.01 | 129.40 | 90.25 | 32.45 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | B | BB | BB | BB | BB |
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