True Solutions ApS — Credit Rating and Financial Key Figures

CVR number: 42357588
Oehlenschlægersgade 82, 1663 København V
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Company information

Official name
True Solutions ApS
Personnel
1 person
Established
2021
Company form
Private limited company
Industry

About True Solutions ApS

True Solutions ApS (CVR number: 42357588) is a company from KØBENHAVN. The company recorded a gross profit of 149.3 kDKK in 2024. The operating profit was 24.5 kDKK, while net earnings were 22.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good but Return on Equity (ROE) was 37.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -58.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. True Solutions ApS's liquidity measured by quick ratio was 16.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit128.50149.29
EBIT362.71- 286.85- 153.8724.54
Net earnings277.36- 299.90- 158.2522.09
Shareholders equity total317.3617.47- 140.79- 119.41
Balance sheet total (assets)824.85108.5033.3085.90
Net debt- 824.85-92.75113.20161.35
Profitability
EBIT-%
ROA44.0 %-61.4 %-108.9 %12.9 %
ROE87.4 %-179.1 %-623.4 %37.1 %
ROI114.3 %-171.3 %-195.4 %14.4 %
Economic value added (EVA)282.91- 302.80- 154.7524.58
Solvency
Equity ratio38.5 %16.1 %-80.9 %-58.2 %
Gearing-99.4 %-167.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.21.016.2
Current ratio1.61.21.016.2
Cash and cash equivalents824.8592.7526.8038.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:12.9%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-58.2%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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