Truesec A/S — Credit Rating and Financial Key Figures

CVR number: 42823007
Glentevej 69, 2400 København NV
truesec.dk

Company information

Official name
Truesec A/S
Personnel
35 persons
Established
2021
Company form
Limited company
Industry

About Truesec A/S

Truesec A/S (CVR number: 42823007) is a company from KØBENHAVN. The company recorded a gross profit of 32.9 mDKK in 2024. The operating profit was 2231.7 kDKK, while net earnings were 694.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent and Return on Equity (ROE) was 7.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 25.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Truesec A/S's liquidity measured by quick ratio was 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
2022
2023
2024
Volume
Net sales
Gross profit17 419.4921 031.1132 887.75
EBIT-1 941.56-1 450.612 231.66
Net earnings-1 505.64-2 240.60694.14
Shareholders equity total-1 105.648 563.119 257.26
Balance sheet total (assets)11 178.1440 632.0636 212.14
Net debt6 521.509 967.239 834.98
Profitability
EBIT-%
ROA-13.6 %-5.4 %5.9 %
ROE-13.5 %-22.7 %7.8 %
ROI-17.2 %-8.3 %8.8 %
Economic value added (EVA)-1 516.51-2 285.53358.45
Solvency
Equity ratio-9.0 %21.2 %25.6 %
Gearing-880.0 %184.9 %191.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.91.0
Current ratio0.90.91.0
Cash and cash equivalents3 208.255 868.227 925.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBA

Variable visualization

ROA:5.89%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.6%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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