True Content Entertainment ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About True Content Entertainment ApS
True Content Entertainment ApS (CVR number: 36501790) is a company from FREDERIKSBERG. The company recorded a gross profit of 754.9 kDKK in 2024. The operating profit was -949.3 kDKK, while net earnings were 3.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 63.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. True Content Entertainment ApS's liquidity measured by quick ratio was 4.4 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 457.96 | - 304.03 | 578.77 | 2 692.83 | 754.85 |
EBIT | - 606.77 | - 994.33 | -2 098.38 | - 792.95 | - 949.32 |
Net earnings | - 488.35 | - 614.45 | -1 440.62 | 53.86 | 3.66 |
Shareholders equity total | 23 601.86 | 22 987.41 | 23 880.12 | 26 760.33 | 32 763.98 |
Balance sheet total (assets) | 27 340.22 | 30 821.31 | 37 312.29 | 42 410.81 | 51 283.12 |
Net debt | -1 392.17 | 6 356.53 | 9 925.54 | 13 619.75 | 15 201.76 |
Profitability | |||||
EBIT-% | |||||
ROA | -2.0 % | -2.0 % | -4.1 % | 2.1 % | 2.4 % |
ROE | -2.6 % | -2.6 % | -6.1 % | 0.2 % | 0.0 % |
ROI | -2.0 % | -2.1 % | -4.3 % | 2.2 % | 2.5 % |
Economic value added (EVA) | -1 308.82 | -2 146.00 | -3 117.10 | -2 305.72 | -2 981.99 |
Solvency | |||||
Equity ratio | 86.3 % | 74.6 % | 64.0 % | 63.1 % | 63.9 % |
Gearing | 15.4 % | 28.1 % | 45.2 % | 51.2 % | 52.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.3 | 1.7 | 1.0 | 4.4 | 4.4 |
Current ratio | 3.3 | 1.7 | 1.0 | 4.4 | 4.4 |
Cash and cash equivalents | 5 017.61 | 112.65 | 875.58 | 71.06 | 1 885.65 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | A | A |
Variable visualization
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