True Content Entertainment ApS — Credit Rating and Financial Key Figures

CVR number: 36501790
Niels Ebbesens Vej 19, 1911 Frederiksberg C
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Company information

Official name
True Content Entertainment ApS
Personnel
2 persons
Established
2015
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 457.96- 304.03578.772 692.83754.85
EBIT- 606.77- 994.33-2 098.38- 792.95- 949.32
Net earnings- 488.35- 614.45-1 440.6253.863.66
Shareholders equity total23 601.8622 987.4123 880.1226 760.3332 763.98
Balance sheet total (assets)27 340.2230 821.3137 312.2942 410.8151 283.12
Net debt-1 392.176 356.539 925.5413 619.7515 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 ratio86.3 %74.6 %64.0 %63.1 %63.9 %
Gearing15.4 %28.1 %45.2 %51.2 %52.2 %
Relative net indebtedness %
Liquidity
Quick ratio3.31.71.04.44.4
Current ratio3.31.71.04.44.4
Cash and cash equivalents5 017.61112.65875.5871.061 885.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBAA

Variable visualization

ROA:2.37%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.9%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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