TRUST DANMARK ApS — Credit Rating and Financial Key Figures

CVR number: 33054610
Egholmvej 8, 7160 Tørring

Company information

Official name
TRUST DANMARK ApS
Established
2010
Company form
Private limited company
Industry

About TRUST DANMARK ApS

TRUST DANMARK ApS (CVR number: 33054610) is a company from HEDENSTED. The company recorded a gross profit of -605.7 kDKK in 2023. The operating profit was -605.7 kDKK, while net earnings were 1232.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent and Return on Equity (ROE) was 6.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TRUST DANMARK ApS's liquidity measured by quick ratio was 35.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit-11.00-9.62-9.50-11.01- 605.71
EBIT-11.00-9.62-9.50-11.01- 605.71
Net earnings1 704.224 403.631 444.191 601.901 232.40
Shareholders equity total11 153.4015 501.7316 889.4218 434.1119 607.62
Balance sheet total (assets)11 201.6517 633.2617 052.2519 095.2319 982.99
Net debt- 976.57-1 354.09- 892.52- 759.17-1 204.96
Profitability
EBIT-%
ROA16.9 %31.0 %8.8 %9.2 %6.1 %
ROE16.6 %33.0 %8.9 %9.1 %6.5 %
ROI17.0 %31.8 %9.0 %9.4 %6.2 %
Economic value added (EVA)-85.77- 133.7531.38- 427.31- 951.55
Solvency
Equity ratio99.6 %87.9 %99.0 %96.5 %98.1 %
Gearing9.2 %0.6 %0.6 %
Relative net indebtedness %
Liquidity
Quick ratio119.64.160.016.435.6
Current ratio144.44.978.821.039.8
Cash and cash equivalents976.572 788.00892.52867.121 312.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:6.07%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.1%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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