True Dane ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About True Dane ApS
True Dane ApS (CVR number: 41965223) is a company from FREDERIKSBERG. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -307.2 kDKK, while net earnings were 2.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -497.6 %, which can be considered poor but Return on Equity (ROE) was 6.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -42.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. True Dane ApS's liquidity measured by quick ratio was 0.6 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 financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 259.16 | ||
Gross profit | 125.42 | 238.19 | |
EBIT | 14.22 | 28.47 | - 307.17 |
Net earnings | 14.13 | 22.21 | 2.27 |
Shareholders equity total | -54.13 | -26.99 | -29.27 |
Balance sheet total (assets) | 8.78 | 27.74 | 39.47 |
Net debt | 9.73 | -10.85 | -19.76 |
Profitability | |||
EBIT-% | 5.5 % | ||
ROA | 22.6 % | 48.4 % | -497.6 % |
ROE | 160.8 % | 121.6 % | 6.8 % |
ROI | 81.0 % | 324.1 % | |
Economic value added (EVA) | 14.22 | 25.32 | - 305.27 |
Solvency | |||
Equity ratio | -86.0 % | -49.3 % | -42.6 % |
Gearing | -32.5 % | ||
Relative net indebtedness % | 21.3 % | ||
Liquidity | |||
Quick ratio | 0.1 | 0.5 | 0.6 |
Current ratio | 0.1 | 0.5 | 0.6 |
Cash and cash equivalents | 7.83 | 10.85 | 19.76 |
Capital use efficiency | |||
Trade debtors turnover (days) | 1.3 | ||
Net working capital % | -20.9 % | ||
Credit risk | |||
Credit rating | B | B | B |
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