Trust Box A/S — Credit Rating and Financial Key Figures

CVR number: 37588822
Maglebjergvej 6, 2800 Kongens Lyngby
rm@trustbox.dk
tel: 44221212
https://www.trustbox.dk

Credit rating

Company information

Official name
Trust Box A/S
Established
2016
Company form
Limited company
Industry

About Trust Box A/S

Trust Box A/S (CVR number: 37588822) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 1394.6 kDKK in 2023. The operating profit was 1394.6 kDKK, while net earnings were 1083.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 32.8 %, which can be considered excellent and Return on Equity (ROE) was 64.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43.8 %, 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. Trust Box A/S'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 117.68466.45890.201 030.051 394.57
EBIT1 117.68466.45890.201 030.051 394.57
Net earnings869.24349.25674.00777.981 083.37
Shareholders equity total1 530.53879.781 353.781 531.761 815.12
Balance sheet total (assets)5 201.112 908.353 630.683 885.414 621.83
Net debt-2 532.49-1 596.15-2 357.90-2 307.36-2 936.03
Profitability
EBIT-%
ROA18.2 %11.5 %27.2 %27.4 %32.8 %
ROE60.1 %29.0 %60.4 %53.9 %64.7 %
ROI62.2 %27.1 %46.9 %42.2 %47.2 %
Economic value added (EVA)899.02428.83765.53895.301 185.48
Solvency
Equity ratio56.4 %36.9 %44.6 %43.5 %43.8 %
Gearing19.0 %84.1 %61.1 %76.4 %76.9 %
Relative net indebtedness %
Liquidity
Quick ratio4.41.92.22.02.0
Current ratio1.41.41.61.61.6
Cash and cash equivalents2 823.882 336.463 184.643 477.974 332.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:32.8%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.8%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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