True Born Global Investments I ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About True Born Global Investments I ApS
True Born Global Investments I ApS (CVR number: 30712900) is a company from KØBENHAVN. The company recorded a gross profit of -24.8 kDKK in 2024. The operating profit was -24.8 kDKK, while net earnings were -2857.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak but Return on Equity (ROE) was -13.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. True Born Global Investments I ApS's liquidity measured by quick ratio was 412.4 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 | -92.74 | -15 511.32 | -55.82 | - 340.07 | -24.82 |
| EBIT | -92.74 | -15 511.32 | -55.82 | - 340.07 | -24.82 |
| Net earnings | 508.21 | 92 440.70 | -1 926.23 | 2 507.01 | -2 857.49 |
| Shareholders equity total | 4 631.76 | 56 872.46 | 21 581.23 | 24 088.24 | 17 031.04 |
| Balance sheet total (assets) | 4 636.76 | 64 463.03 | 25 423.64 | 24 139.65 | 17 072.44 |
| Net debt | -4 561.77 | -34 204.97 | -23 516.24 | -19 199.44 | -13 729.58 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 11.9 % | 272.3 % | 0.8 % | 17.8 % | 0.2 % |
| ROE | 11.3 % | 300.6 % | -4.9 % | 11.0 % | -13.9 % |
| ROI | 11.9 % | 305.9 % | 0.9 % | 19.3 % | 0.2 % |
| Economic value added (EVA) | - 310.00 | -15 744.07 | -2 913.66 | -1 424.53 | -1 235.26 |
| Solvency | |||||
| Equity ratio | 99.9 % | 88.2 % | 84.9 % | 99.8 % | 99.8 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 912.4 | 8.5 | 6.6 | 469.6 | 412.4 |
| Current ratio | 912.4 | 8.5 | 6.6 | 469.6 | 412.4 |
| Cash and cash equivalents | 4 561.77 | 34 204.97 | 23 516.24 | 19 199.44 | 13 729.58 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BB | BB | BBB | BBB |
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