Trustwork Holding ApS — Credit Rating and Financial Key Figures

CVR number: 39718030
Pustervig 3, 1126 København K

Company information

Official name
Trustwork Holding ApS
Established
2018
Company form
Private limited company
Industry

About Trustwork Holding ApS

Trustwork Holding ApS (CVR number: 39718030) is a company from KØBENHAVN. The company recorded a gross profit of -18.9 kDKK in 2023. The operating profit was -18.9 kDKK, while net earnings were 466.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak and Return on Equity (ROE) was 1.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 80.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Trustwork Holding ApS's liquidity measured by quick ratio was 1.1 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 profit-1.50-11.19-7.97-10.87-18.93
EBIT-1.50-11.19-7.97-10.87-18.93
Net earnings2 097.76-1 408.594 779.804 715.47466.94
Shareholders equity total49 038.6141 463.7340 512.2436 329.8131 337.70
Balance sheet total (assets)60 135.7050 632.6450 720.2144 257.1239 042.62
Net debt1 751.77- 204.333 332.78- 239.82- 203.04
Profitability
EBIT-%
ROA3.7 %-2.2 %9.8 %10.2 %1.7 %
ROE4.2 %-3.1 %11.7 %12.3 %1.4 %
ROI3.9 %-2.4 %10.9 %11.8 %2.1 %
Economic value added (EVA)145.64356.37268.78326.71- 220.44
Solvency
Equity ratio81.5 %81.9 %79.9 %82.1 %80.3 %
Gearing4.1 %0.1 %8.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.20.80.60.61.1
Current ratio1.20.80.60.61.1
Cash and cash equivalents253.23248.74242.77239.82203.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:1.69%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.3%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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