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 -340.1 kDKK in 2023. The operating profit was -340.1 kDKK, while net earnings were 2507 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.8 %, which can be considered excellent but Return on Equity (ROE) was 11 %, which can be considered good. 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 469.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -9.75 | -92.74 | -15 511.32 | -55.82 | - 340.07 |
EBIT | -9.75 | -92.74 | -15 511.32 | -55.82 | - 340.07 |
Net earnings | 72.63 | 508.21 | 92 440.70 | -1 926.23 | 2 507.01 |
Shareholders equity total | 4 323.55 | 4 631.76 | 56 872.46 | 21 581.23 | 24 088.24 |
Balance sheet total (assets) | 4 328.55 | 4 636.76 | 64 463.03 | 25 423.64 | 24 139.65 |
Net debt | -4 253.55 | -4 561.77 | -34 204.97 | -23 516.24 | -19 199.44 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.6 % | 11.9 % | 272.3 % | 0.8 % | 17.8 % |
ROE | 1.7 % | 11.3 % | 300.6 % | -4.9 % | 11.0 % |
ROI | 2.6 % | 11.9 % | 305.9 % | 0.9 % | 19.3 % |
Economic value added (EVA) | -9.50 | -92.49 | -15 511.07 | -3 204.86 | - 242.84 |
Solvency | |||||
Equity ratio | 99.9 % | 99.9 % | 88.2 % | 84.9 % | 99.8 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 850.7 | 912.4 | 8.5 | 6.6 | 469.6 |
Current ratio | 850.7 | 912.4 | 8.5 | 6.6 | 469.6 |
Cash and cash equivalents | 4 253.55 | 4 561.77 | 34 204.97 | 23 516.24 | 19 199.44 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BB | BBB | A |
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