True Content Distribution ApS — Credit Rating and Financial Key Figures

CVR number: 36073128
Niels Ebbesens Vej 19, 1911 Frederiksberg C
contact@truecontententertainment.com
tel: 20863233
www.truecontententertainment.com

Credit rating

Company information

Official name
True Content Distribution ApS
Personnel
1 person
Established
2014
Company form
Private limited company
Industry
  • Expand more icon59Motion picture, video and television programme production, sound recording and music publishing activities

About True Content Distribution ApS

True Content Distribution ApS (CVR number: 36073128) is a company from FREDERIKSBERG. The company recorded a gross profit of 710.6 kDKK in 2023. The operating profit was -417 kDKK, while net earnings were -294.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.3 %, which can be considered poor and Return on Equity (ROE) was -3.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -9.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. True Content Distribution 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 845.222 513.102 735.511 178.79710.65
EBIT- 459.68244.81163.57-1 205.24- 417.04
Net earnings- 363.86199.53108.86- 940.71- 294.91
Shareholders equity total- 174.0525.48134.34- 806.37-1 101.29
Balance sheet total (assets)3 304.456 461.5911 908.857 656.1610 626.71
Net debt- 783.06-2 490.90-1 202.10618.983 269.61
Profitability
EBIT-%
ROA-13.2 %5.7 %2.2 %-11.4 %-1.3 %
ROE-20.8 %12.0 %136.2 %-24.2 %-3.2 %
ROI-227.3 %142.6 %47.2 %-157.7 %-5.1 %
Economic value added (EVA)- 329.91237.74239.18- 883.33- 297.75
Solvency
Equity ratio-5.0 %0.4 %1.1 %-9.5 %-9.4 %
Gearing-4.6 %919.3 %59.7 %-107.1 %-365.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.01.00.60.5
Current ratio0.91.01.00.60.5
Cash and cash equivalents791.022 725.121 282.28244.32751.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-1.29%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-9.39%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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