K.B. THRUE AUTO ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About K.B. THRUE AUTO ApS
K.B. THRUE AUTO ApS (CVR number: 32273521) is a company from AARHUS. The company recorded a gross profit of 322.3 kDKK in 2024. The operating profit was -725.3 kDKK, while net earnings were -695.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -37.4 %, which can be considered poor and Return on Equity (ROE) was -39.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 89.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K.B. THRUE AUTO ApS's liquidity measured by quick ratio was 9 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 | 1 351.99 | ||||
| Gross profit | 136.95 | 365.26 | 414.55 | 442.67 | 322.32 |
| EBIT | - 417.66 | - 169.80 | - 666.65 | - 698.58 | - 725.34 |
| Net earnings | 3 704.11 | - 200.54 | - 684.21 | - 718.21 | - 695.40 |
| Shareholders equity total | 4 134.51 | 3 663.97 | 2 979.76 | 2 147.55 | 1 335.15 |
| Balance sheet total (assets) | 4 488.05 | 4 000.84 | 3 260.52 | 2 224.42 | 1 486.27 |
| Net debt | -3 609.70 | - 409.79 | -2 692.15 | -1 668.62 | -1 248.09 |
| Profitability | |||||
| EBIT-% | -49.3 % | ||||
| ROA | 92.0 % | -4.0 % | -18.4 % | -25.5 % | -37.4 % |
| ROE | 124.2 % | -5.1 % | -20.6 % | -28.0 % | -39.9 % |
| ROI | 95.9 % | -4.2 % | -19.4 % | -26.7 % | -39.8 % |
| Economic value added (EVA) | - 594.32 | - 386.67 | - 857.22 | - 853.71 | - 833.25 |
| Solvency | |||||
| Equity ratio | 92.1 % | 91.6 % | 91.4 % | 96.5 % | 89.8 % |
| Gearing | 4.4 % | 3.5 % | 3.6 % | ||
| Relative net indebtedness % | -186.3 % | ||||
| Liquidity | |||||
| Quick ratio | 19.5 | 16.7 | 16.5 | 23.0 | 9.0 |
| Current ratio | 19.7 | 17.1 | 16.8 | 25.6 | 9.2 |
| Cash and cash equivalents | 3 791.36 | 538.07 | 2 799.44 | 1 668.62 | 1 248.09 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 9.3 | ||||
| Net working capital % | 203.3 % | ||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BB | BB |
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