TrueCommerce Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TrueCommerce Holding ApS
TrueCommerce Holding ApS (CVR number: 35400885) is a company from RUDERSDAL. The company recorded a gross profit of -215.1 kDKK in 2023. The operating profit was -215.1 kDKK, while net earnings were -95.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak but Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.7 %, 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. TrueCommerce Holding 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -54.50 | -59.25 | - 135.15 | - 146.25 | - 215.11 |
EBIT | -54.50 | -59.25 | - 135.15 | - 146.25 | - 215.11 |
Net earnings | -4 119.36 | 10 396.95 | -9 353.46 | 142 322.91 | -95.79 |
Shareholders equity total | 21 791.53 | 32 188.48 | 22 835.02 | 165 157.93 | 165 062.14 |
Balance sheet total (assets) | 140 590.69 | 144 354.84 | 141 454.62 | 300 364.70 | 296 313.32 |
Net debt | 116 905.35 | 111 372.85 | 118 444.27 | 133 819.15 | 130 942.10 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.0 % | 6.6 % | -0.1 % | 67.8 % | 1.1 % |
ROE | -17.3 % | 38.5 % | -34.0 % | 151.4 % | -0.1 % |
ROI | -0.0 % | 6.6 % | -0.1 % | 68.1 % | 1.1 % |
Economic value added (EVA) | 5 648.25 | 5 927.59 | 5 264.30 | 5 732.91 | -1 456.40 |
Solvency | |||||
Equity ratio | 15.5 % | 22.3 % | 16.1 % | 55.0 % | 55.7 % |
Gearing | 542.9 % | 346.2 % | 519.0 % | 81.0 % | 79.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.0 | 0.0 | 1.2 | 1.2 |
Current ratio | 0.0 | 0.0 | 0.0 | 1.2 | 1.2 |
Cash and cash equivalents | 1 405.10 | 62.58 | 79.71 | 28.65 | 7.28 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | A |
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