True Food Invest ApS — Credit Rating and Financial Key Figures

CVR number: 38050583
Skjeberg Alle 37, Høje Taastrup 2630 Taastrup
info@la-rustica.dk

Credit rating

Company information

Official name
True Food Invest ApS
Established
2016
Domicile
Høje Taastrup
Company form
Private limited company
Industry

About True Food Invest ApS

True Food Invest ApS (CVR number: 38050583) is a company from Høje-Taastrup. The company recorded a gross profit of -5.1 kDKK in 2022. The operating profit was -5.1 kDKK, while net earnings were 82.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.8 %, which can be considered excellent and Return on Equity (ROE) was 172.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 14.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. True Food Invest ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit-3.88-4.00-0.38-5.00-5.10
EBIT-3.88-4.00-0.38-5.00-5.10
Net earnings-6.68-15.71-9.904.7582.61
Shareholders equity total5.38-10.331.876.6289.23
Balance sheet total (assets)36.55521.24515.25520.00606.48
Net debt-12.056.58- 515.25- 520.00- 606.48
Profitability
EBIT-%
ROA-9.8 %-1.4 %5.3 %1.4 %15.8 %
ROE-76.6 %-6.0 %-3.8 %111.9 %172.4 %
ROI-18.5 %-1.4 %10.4 %175.1 %185.6 %
Economic value added (EVA)-2.33-2.4326.3420.8020.93
Solvency
Equity ratio14.7 %-1.9 %0.4 %1.3 %14.7 %
Gearing455.4 %-5110.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.01.01.01.2
Current ratio1.21.01.01.01.2
Cash and cash equivalents36.55521.24515.25520.00606.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:15.8%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.7%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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