New AI-Powered Free Company Valuation tool for any company in the world. Upload a PDF financial statement to receive an instant report with customizable forecasts, credit score, default probability and key financial metrics. Try Now for Free →
- Get an AI-powered company valuation or credit risk report in just 2 minutes
- Get reports of any company in the world with a financial statement in any language
- Upload a PDF financial statement to receive an instant report with customizable forecasts, credit score, default probability and key financial metrics
TrueTech ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TrueTech ApS
TrueTech ApS (CVR number: 33576668) is a company from FREDERIKSBERG. The company recorded a gross profit of 587.6 kDKK in 2024. The operating profit was -25.2 kDKK, while net earnings were 121.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.6 %, which can be considered poor but Return on Equity (ROE) was 22.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TrueTech ApS's liquidity measured by quick ratio was 2 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 | 538.23 | 1 126.50 | 416.94 | 614.04 | 587.65 |
| EBIT | - 750.61 | 119.15 | 55.07 | - 101.76 | -25.15 |
| Net earnings | - 753.28 | 136.27 | -89.80 | - 528.89 | 121.83 |
| Shareholders equity total | 964.85 | 1 101.12 | 1 011.32 | 482.44 | 604.27 |
| Balance sheet total (assets) | 1 503.49 | 1 529.47 | 1 353.18 | 950.70 | 1 016.90 |
| Net debt | - 441.13 | - 348.95 | - 356.99 | -90.08 | -77.37 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -39.9 % | 7.9 % | 3.8 % | -8.8 % | -2.6 % |
| ROE | -56.2 % | 13.2 % | -8.5 % | -70.8 % | 22.4 % |
| ROI | -55.9 % | 11.5 % | 5.1 % | -11.9 % | -3.7 % |
| Economic value added (EVA) | - 837.00 | 90.49 | -16.28 | - 151.20 | -50.27 |
| Solvency | |||||
| Equity ratio | 64.2 % | 72.0 % | 74.7 % | 50.7 % | 59.4 % |
| Gearing | 0.1 % | 0.1 % | 0.1 % | 27.2 % | 15.6 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.7 | 2.8 | 3.8 | 1.7 | 2.0 |
| Current ratio | 2.7 | 2.8 | 3.8 | 1.7 | 2.0 |
| Cash and cash equivalents | 442.20 | 350.02 | 358.06 | 221.28 | 171.91 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | BBB | BB | BBB |
Variable visualization
Companies in the same industry
- Company information
- Financial data
- Credit risk data
- All 400,000+ Danish companies
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions
... and more!
No registration needed.