TRUSTPILOT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TRUSTPILOT A/S
TRUSTPILOT A/S (CVR number: 30276582) is a company from KØBENHAVN. The company reported a net sales of 1003.2 mDKK in 2023, demonstrating a growth of 17.1 % compared to the previous year. The operating profit percentage was at 7.3 % (EBIT: 73.3 mDKK), while net earnings were 141 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.3 %, which can be considered excellent and Return on Equity (ROE) was 23.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.6 %, 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. TRUSTPILOT A/S's liquidity measured by quick ratio was 2.5 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 514.47 | 669.17 | 856.70 | 1 003.15 |
Gross profit | 453.96 | 499.33 | 637.85 | 756.09 |
EBIT | -3.72 | -0.63 | -25.01 | 73.34 |
Net earnings | -6.37 | 14.63 | 15.80 | 141.04 |
Shareholders equity total | 519.47 | 561.52 | 577.65 | 601.01 |
Balance sheet total (assets) | 821.44 | 858.94 | 900.61 | 999.64 |
Net debt | - 175.80 | - 114.81 | -37.24 | 33.95 |
Profitability | ||||
EBIT-% | -0.7 % | -0.1 % | -2.9 % | 7.3 % |
ROA | 6.6 % | 7.1 % | 6.8 % | 15.3 % |
ROE | -1.2 % | 2.7 % | 2.8 % | 23.9 % |
ROI | 9.1 % | 9.8 % | 9.5 % | 22.1 % |
Economic value added (EVA) | -2.64 | 7.46 | -11.84 | 53.80 |
Solvency | ||||
Equity ratio | 73.1 % | 78.7 % | 81.0 % | 76.6 % |
Gearing | 15.1 % | 9.9 % | 10.0 % | 13.5 % |
Relative net indebtedness % | 9.3 % | 19.0 % | 26.6 % | 35.0 % |
Liquidity | ||||
Quick ratio | 2.9 | 3.0 | 2.9 | 2.5 |
Current ratio | 1.4 | 1.0 | 0.7 | 0.8 |
Cash and cash equivalents | 254.26 | 170.12 | 94.98 | 47.08 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 18.7 | 18.8 | 20.7 | 20.0 |
Net working capital % | 16.7 % | 1.1 % | -8.2 % | -5.3 % |
Credit risk | ||||
Credit rating | AA | AA | AA | AAA |
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