Truth Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40481109
Christianshavns Voldgade 8, 1424 København K
Free credit report Annual report

Company information

Official name
Truth Holding ApS
Established
2019
Company form
Private limited company
Industry

About Truth Holding ApS

Truth Holding ApS (CVR number: 40481109) is a company from KØBENHAVN. The company recorded a gross profit of -0.8 kDKK in 2024. The operating profit was -0.8 kDKK, while net earnings were -11.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak but Return on Equity (ROE) was -13.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.8 %, 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. Truth Holding ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-4.384.38-2.154.19-0.83
EBIT-4.384.38-2.154.19-0.83
Net earnings51.84-5.097.352.88-11.11
Shareholders equity total82.1577.0684.4287.2976.19
Balance sheet total (assets)91.92120.70101.07172.39264.50
Net debt-57.0332.5015.76-46.86- 133.68
Profitability
EBIT-%
ROA83.6 %19.1 %14.7 %3.1 %2.6 %
ROE92.2 %-6.4 %9.1 %3.3 %-13.6 %
ROI89.5 %19.8 %15.0 %3.1 %4.5 %
Economic value added (EVA)-6.170.68-8.06-0.85-9.55
Solvency
Equity ratio89.4 %63.8 %83.5 %50.6 %28.8 %
Gearing6.6 %52.7 %18.8 %96.5 %3.0 %
Relative net indebtedness %
Liquidity
Quick ratio6.42.10.11.51.2
Current ratio6.42.10.11.51.2
Cash and cash equivalents62.428.120.11131.06135.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:2.55%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.8%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

CreditReports API
  • Company information
  • Financial data
  • Credit risk data
  • All 400,000+ Danish companies

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.